Post Utme Elizade University 2022 Accounting Question 28
Practice objective / multiple choice question 28 from the 2022 Post Utme Elizade University Accounting examination.
A company's cash book showed a credit balance of ₦ 50,000. The bank statement showed a debit balance of ₦ 20,000. The company's cash book was reconciled with the bank statement. The difference between the two balances was due to a dishonoured cheque of ₦ 30,000. Calculate the correct balance of the company's cash book.
Answer Options
About This Question
This is Post Utme Elizade University 2022 Accounting Question 28. It is one of the objective questions from the 2022 Post Utme Elizade University Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.