Post Utme Lead City University 2024 Accounting Question 21
Practice objective / multiple choice question 21 from the 2024 Post Utme Lead City University Accounting examination.
A public sector organization has a cash book balance of ₦1,500,000 and a bank statement balance of ₦1,800,000. The bank statement includes a credit of ₦200,000 for a loan received from the government. The cash book, however, shows a debit of ₦150,000 for a loan repaid to the government. What is the correct balance of the cash book after reconciliation?
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About This Question
This is Post Utme Lead City University 2024 Accounting Question 21. It is one of the objective questions from the 2024 Post Utme Lead City University Accounting examination.
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