Post Utme Delsu 2018 Accounting Question 1
Practice objective / multiple choice question 1 from the 2018 Post Utme Delsu Accounting examination.
A company's cash book shows a balance of ₦150,000. However, the bank statement shows a balance of ₦120,000. The bank charges a service fee of ₦5,000 and a NSF fee of ₦2,000. The company's cash book also shows a deposit of ₦30,000. What is the correct balance according to the bank statement?
Answer Options
About This Question
This is Post Utme Delsu 2018 Accounting Question 1. It is one of the objective questions from the 2018 Post Utme Delsu Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.