Post Utme Futo 2017 Accounting Question 48

Practice objective / multiple choice question 48 from the 2017 Post Utme Futo Accounting examination.

Post Utme Futo 2017 Accounting Objective / Multiple Choice
Question 48 POST_UTME_FUTO • 2017 • ACCOUNTING • objective

A company's cash book shows a balance of ₦50,000. The bank statement shows a balance of ₦60,000. The company's cash book also shows a credit balance of ₦10,000 in the bank column. The bank statement shows a debit balance of ₦5,000 in the bank column. What is the correct balance of the company's cash book?

Answer Options

A. ₦55,000
B. ₦60,000
C. ₦65,000
D. ₦70,000
Correct Answer
N/A

About This Question

This is Post Utme Futo 2017 Accounting Question 48. It is one of the objective questions from the 2017 Post Utme Futo Accounting examination.

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