Post Utme Esut 2023 Accounting Question 21

Practice objective / multiple choice question 21 from the 2023 Post Utme Esut Accounting examination.

Post Utme Esut 2023 Accounting Objective / Multiple Choice
Question 21 POST_UTME_ESUT • 2023 • ACCOUNTING • objective

A company's cash book shows a balance of ₦120,000. However, the bank statement shows a balance of ₦150,000. The difference of ₦30,000 is due to an outstanding cheque of ₦20,000 and a deposit of ₦10,000. What is the correct balance in the cash book?

Answer Options

Correct Answer A. ₦140,000
B. ₦130,000
C. ₦120,000
D. ₦110,000
Correct Answer
A
Correct Option:
₦140,000

About This Question

This is Post Utme Esut 2023 Accounting Question 21. It is one of the objective questions from the 2023 Post Utme Esut Accounting examination.

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