Post Utme Lautech 2023 Accounting Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Lautech Accounting examination.

Post Utme Lautech 2023 Accounting Objective / Multiple Choice
Question 23 POST_UTME_LAUTECH • 2023 • ACCOUNTING • objective

A company's cash book shows a balance of ₦10,000. The bank statement shows a balance of ₦12,000. The cash book also shows a debit of ₦2,000 for a cheque that has been returned unpaid. What is the correct balance of the company's cash?

Answer Options

A. ₦11,000
Correct Answer B. ₦12,000
C. ₦13,000
D. ₦14,000
Correct Answer
B
Correct Option:
₦12,000

About This Question

This is Post Utme Lautech 2023 Accounting Question 23. It is one of the objective questions from the 2023 Post Utme Lautech Accounting examination.

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