Post Utme Futa 2022 Accounting Question 2
Practice objective / multiple choice question 2 from the 2022 Post Utme Futa Accounting examination.
A bank's cash book shows a balance of ₦500,000. The bank statement shows a balance of ₦550,000. The bank reconciliation statement shows a difference of ₦20,000 due to outstanding checks. What is the correct balance in the bank's cash book?
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About This Question
This is Post Utme Futa 2022 Accounting Question 2. It is one of the objective questions from the 2022 Post Utme Futa Accounting examination.
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