Post Utme Esut 2025 Accounting Question 26

Practice objective / multiple choice question 26 from the 2025 Post Utme Esut Accounting examination.

Post Utme Esut 2025 Accounting Objective / Multiple Choice
Question 26 POST_UTME_ESUT • 2025 • ACCOUNTING • objective

A company's cash book shows a debit balance of ₦150,000. However, the bank statement shows a credit balance of ₦120,000. The company's cash book also shows a debit entry of ₦30,000 for a bank overdraft. What is the correct amount of the bank overdraft?

Answer Options

A. ₦60,000
Correct Answer B. ₦70,000
C. ₦80,000
D. ₦90,000
Correct Answer
B
Correct Option:
₦70,000

About This Question

This is Post Utme Esut 2025 Accounting Question 26. It is one of the objective questions from the 2025 Post Utme Esut Accounting examination.

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