Post Utme Lautech 2017 Accounting Question 16
Practice objective / multiple choice question 16 from the 2017 Post Utme Lautech Accounting examination.
A company's cash book shows a balance of ₦120,000. However, the bank statement shows a balance of ₦110,000. The bank reconciliation statement reveals that there is an outstanding cheque of ₦8,000 and a deposit of ₦2,000. What is the correct balance in the cash book?
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About This Question
This is Post Utme Lautech 2017 Accounting Question 16. It is one of the objective questions from the 2017 Post Utme Lautech Accounting examination.
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