Post Utme Ksu 2021 Accounting Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Ksu Accounting examination.

Post Utme Ksu 2021 Accounting Objective / Multiple Choice
Question 35 POST_UTME_KSU • 2021 • ACCOUNTING • objective

A company has a cash book balance of ₦20,000. The bank statement shows a balance of ₦25,000. The company has an outstanding cheque of ₦2,000 and the bank charges a service fee of ₦300. Calculate the correct balance in the cash book.

Answer Options

Correct Answer A. ₦17,700
B. ₦18,700
C. ₦19,700
D. ₦20,700
Correct Answer
A
Correct Option:
₦17,700

About This Question

This is Post Utme Ksu 2021 Accounting Question 35. It is one of the objective questions from the 2021 Post Utme Ksu Accounting examination.

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