Post Utme Igbinedion University 2017 Accounting Question 32

Practice objective / multiple choice question 32 from the 2017 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2017 Accounting Objective / Multiple Choice
Question 32 POST_UTME_IGBINEDION_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's cash book showed a balance of ₦50,000. The bank statement showed a balance of ₦60,000. The company's cash book also showed a debit of ₦10,000 for a bank charge. What is the correct balance of the company's cash book?

Answer Options

A. ₦40,000
B. ₦50,000
Correct Answer C. ₦60,000
D. ₦70,000
Correct Answer
C
Correct Option:
₦60,000

About This Question

This is Post Utme Igbinedion University 2017 Accounting Question 32. It is one of the objective questions from the 2017 Post Utme Igbinedion University Accounting examination.

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