Post Utme Futo 2019 Accounting Question 24
Practice objective / multiple choice question 24 from the 2019 Post Utme Futo Accounting examination.
A company's cash book shows a balance of ₦500,000. However, the bank statement shows a balance of ₦400,000. The bank reconciliation statement reveals that the company has an outstanding cheque of ₦20,000 and a deposit in transit of ₦10,000. What is the correct balance in the company's cash book?
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About This Question
This is Post Utme Futo 2019 Accounting Question 24. It is one of the objective questions from the 2019 Post Utme Futo Accounting examination.
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