Post Utme Futa 2017 Accounting Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Futa Accounting examination.

Post Utme Futa 2017 Accounting Objective / Multiple Choice
Question 2 POST_UTME_FUTA • 2017 • ACCOUNTING • objective

A firm's cash book shows a balance of ₦1000. The bank statement shows a balance of ₦3000. The difference is due to a bank overdraft of ₦000. What is the correct balance of the cash book?

Answer Options

A. ₦1000
B. ₦2000
Correct Answer C. ₦3000
D. ₦4000
Correct Answer
C
Correct Option:
₦3000

About This Question

This is Post Utme Futa 2017 Accounting Question 2. It is one of the objective questions from the 2017 Post Utme Futa Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support