Post Utme Lautech 2024 Accounting Question 32

Practice objective / multiple choice question 32 from the 2024 Post Utme Lautech Accounting examination.

Post Utme Lautech 2024 Accounting Objective / Multiple Choice
Question 32 POST_UTME_LAUTECH • 2024 • ACCOUNTING • objective

A firm has a cash book balance of ₦120,000. The bank statement shows a balance of ₦150,000. The firm's cash book shows a debit balance of ₦20,000. The bank statement shows a credit balance of ₦30,000. What is the correct balance of the firm's cash book?

Answer Options

A. ₦100,000
Correct Answer B. ₦110,000
C. ₦120,000
D. ₦130,000
Correct Answer
B
Correct Option:
₦110,000

About This Question

This is Post Utme Lautech 2024 Accounting Question 32. It is one of the objective questions from the 2024 Post Utme Lautech Accounting examination.

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