Post Utme Joseph Ayo Babalola University 2023 Accounting Question 3

Practice objective / multiple choice question 3 from the 2023 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2023 Accounting Objective / Multiple Choice
Question 3 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's cash book shows a balance of ₦50,000. However, the bank statement shows a balance of ₦60,000. What is the amount of bank overdraft?

Answer Options

A. ₦10,000
B. ₦20,000
C. ₦30,000
Correct Answer D. ₦40,000
Correct Answer
D
Correct Option:
₦40,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2023 Accounting Question 3. It is one of the objective questions from the 2023 Post Utme Joseph Ayo Babalola University Accounting examination.

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