Post Utme Ims U 2021 Accounting Question 16

Practice objective / multiple choice question 16 from the 2021 Post Utme Ims U Accounting examination.

Post Utme Ims U 2021 Accounting Objective / Multiple Choice
Question 16 POST_UTME_IMS_U • 2021 • ACCOUNTING • objective

A company's cash book shows a balance of ₦120,000, but the bank statement shows a balance of ₦100,000. The bank reconciliation statement shows a difference of ₦15,000 due to outstanding cheques. What is the correct balance in the company's cash book?

Answer Options

A. ₦135,000
Correct Answer B. ₦125,000
C. ₦115,000
D. ₦105,000
Correct Answer
B
Correct Option:
₦125,000

About This Question

This is Post Utme Ims U 2021 Accounting Question 16. It is one of the objective questions from the 2021 Post Utme Ims U Accounting examination.

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