Post Utme Futa 2024 Accounting Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Futa Accounting examination.

Post Utme Futa 2024 Accounting Objective / Multiple Choice
Question 12 POST_UTME_FUTA • 2024 • ACCOUNTING • objective

A company's cash book shows a balance of ₦50,000. The bank statement shows a balance of ₦60,000. The difference is due to an outstanding cheque of ₦5,000. Calculate the correct balance of the company's cash.

Answer Options

Correct Answer A. ₦55,000
B. ₦60,000
C. ₦65,000
D. ₦70,000
Correct Answer
A
Correct Option:
₦55,000

About This Question

This is Post Utme Futa 2024 Accounting Question 12. It is one of the objective questions from the 2024 Post Utme Futa Accounting examination.

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