Post Utme Futo 2021 Accounting Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Futo Accounting examination.

Post Utme Futo 2021 Accounting Objective / Multiple Choice
Question 38 POST_UTME_FUTO • 2021 • ACCOUNTING • objective

A cash book shows a balance of ₦20,000. The bank statement shows a balance of ₦22,000. The bank reconciliation statement shows a difference of ₦2,000 due to an outstanding cheque. Calculate the correct balance in the cash book.

Answer Options

A. ₦18,000
B. ₦20,000
Correct Answer C. ₦22,000
D. ₦24,000
Correct Answer
C
Correct Option:
₦22,000

About This Question

This is Post Utme Futo 2021 Accounting Question 38. It is one of the objective questions from the 2021 Post Utme Futo Accounting examination.

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