Post Utme Lautech 2022 Accounting Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Lautech Accounting examination.

Post Utme Lautech 2022 Accounting Objective / Multiple Choice
Question 19 POST_UTME_LAUTECH • 2022 • ACCOUNTING • objective

A company has a cash book balance of ₦50,000 and a bank statement balance of ₦60,000. The bank statement shows a credit balance of ₦10,000 for a customer who has since become insolvent. Calculate the corrected cash book balance.

Answer Options

Correct Answer A. ₦40,000
B. ₦50,000
C. ₦60,000
D. ₦70,000
Correct Answer
A
Correct Option:
₦40,000

About This Question

This is Post Utme Lautech 2022 Accounting Question 19. It is one of the objective questions from the 2022 Post Utme Lautech Accounting examination.

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