Post Utme Greenfield University 2024 Accounting Question 27

Practice objective / multiple choice question 27 from the 2024 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2024 Accounting Objective / Multiple Choice
Question 27 POST_UTME_GREENFIELD_UNIVERSITY • 2024 • ACCOUNTING • objective

A bank's cash book shows a balance of ₦500,000. The bank's reconciliation statement shows a difference of ₦20,000 due to an outstanding cheque. What is the bank's corrected cash balance?

Answer Options

Correct Answer A. ₦520,000
B. ₦520,000
C. ₦520,000
D. ₦520,000
Correct Answer
A
Correct Option:
₦520,000

About This Question

This is Post Utme Greenfield University 2024 Accounting Question 27. It is one of the objective questions from the 2024 Post Utme Greenfield University Accounting examination.

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