Post Utme Lead City University 2025 Accounting Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2025 Accounting Objective / Multiple Choice
Question 34 POST_UTME_LEAD_CITY_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's cash book shows a balance of ₦120,000, but the bank statement shows a balance of ₦150,000. The bank reconciliation statement shows a difference of ₦10,000 due to an outstanding cheque. What is the correct balance of the company's cash book?

Answer Options

A. ₦130,000
B. ₦140,000
Correct Answer C. ₦150,000
D. ₦160,000
Correct Answer
C
Correct Option:
₦150,000

About This Question

This is Post Utme Lead City University 2025 Accounting Question 34. It is one of the objective questions from the 2025 Post Utme Lead City University Accounting examination.

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