Post Utme Igbinedion University 2020 Accounting Question 21

Practice objective / multiple choice question 21 from the 2020 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2020 Accounting Objective / Multiple Choice
Question 21 POST_UTME_IGBINEDION_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's cash book shows a debit balance of ₦12,000. The bank statement shows a credit balance of ₦15,000. The company's accounting records show that the bank has been overcharged by ₦3,000. What is the correct balance in the company's cash book?

Answer Options

Correct Answer A. ₦9,000
B. ₦12,000
C. ₦15,000
D. ₦18,000
Correct Answer
A
Correct Option:
₦9,000

About This Question

This is Post Utme Igbinedion University 2020 Accounting Question 21. It is one of the objective questions from the 2020 Post Utme Igbinedion University Accounting examination.

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