Post Utme Lasu 2024 Accounting Question 9
Practice objective / multiple choice question 9 from the 2024 Post Utme Lasu Accounting examination.
A company's cash book shows a balance of ₦120,000. However, the bank statement shows a balance of ₦150,000. The bank reconciliation statement reveals that there is an outstanding cheque of ₦15,000 and a deposit in transit of ₦20,000. What is the correct balance in the company's cash book?
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About This Question
This is Post Utme Lasu 2024 Accounting Question 9. It is one of the objective questions from the 2024 Post Utme Lasu Accounting examination.
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