Post Utme Futo 2018 Accounting Question 15

Practice objective / multiple choice question 15 from the 2018 Post Utme Futo Accounting examination.

Post Utme Futo 2018 Accounting Objective / Multiple Choice
Question 15 POST_UTME_FUTO • 2018 • ACCOUNTING • objective

A company's cash book shows a credit balance of ₦20,000 in the 'Bank' account. However, the bank statement shows a debit balance of ₦10,000. What is the correct balance of the 'Bank' account?

Answer Options

Correct Answer A. ₦10,000
B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
A
Correct Option:
₦10,000

About This Question

This is Post Utme Futo 2018 Accounting Question 15. It is one of the objective questions from the 2018 Post Utme Futo Accounting examination.

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