Post Utme Delsu 2024 Accounting Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Delsu Accounting examination.

Post Utme Delsu 2024 Accounting Objective / Multiple Choice
Question 7 POST_UTME_DELSU • 2024 • ACCOUNTING • objective

A company's cash book shows a balance of ₦150,000. The bank statement shows a balance of ₦180,000. The difference is due to an outstanding cheque of ₦20,000 and a deposit in transit of ₦10,000. Calculate the correct balance of the company's cash book.

Answer Options

A. ₦140,000
B. ₦150,000
Correct Answer C. ₦160,000
D. ₦170,000
Correct Answer
C
Correct Option:
₦160,000

About This Question

This is Post Utme Delsu 2024 Accounting Question 7. It is one of the objective questions from the 2024 Post Utme Delsu Accounting examination.

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