Post Utme Futo 2023 Accounting Question 11

Practice objective / multiple choice question 11 from the 2023 Post Utme Futo Accounting examination.

Post Utme Futo 2023 Accounting Objective / Multiple Choice
Question 11 POST_UTME_FUTO • 2023 • ACCOUNTING • objective

A company has a cash book balance of ₦120,000 and a bank statement balance of ₦150,000. The bank statement shows a credit of ₦20,000 for a dishonored cheque. The cash book shows a debit of ₦15,000 for a bank charge. What is the correct adjustment to be made to the cash book balance?

Answer Options

A. ₦5,000
B. ₦10,000
Correct Answer C. ₦15,000
D. ₦20,000
Correct Answer
C
Correct Option:
₦15,000

About This Question

This is Post Utme Futo 2023 Accounting Question 11. It is one of the objective questions from the 2023 Post Utme Futo Accounting examination.

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