Post Utme Joseph Ayo Babalola University 2023 Accounting Question 11

Practice objective / multiple choice question 11 from the 2023 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2023 Accounting Objective / Multiple Choice
Question 11 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2023 • ACCOUNTING • objective

A company maintains a cash book and a bank account. The cash book shows a balance of ₦250,000, while the bank statement shows a balance of ₦280,000. The bank statement also shows a debit of ₦15,000 for a bank charge. What is the correct balance in the cash book after reconciliation?

Answer Options

A. ₦265,000
Correct Answer B. ₦270,000
C. ₦275,000
D. ₦280,000
Correct Answer
B
Correct Option:
₦270,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2023 Accounting Question 11. It is one of the objective questions from the 2023 Post Utme Joseph Ayo Babalola University Accounting examination.

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