Post Utme Noun 2017 Accounting Question 32

Practice objective / multiple choice question 32 from the 2017 Post Utme Noun Accounting examination.

Post Utme Noun 2017 Accounting Objective / Multiple Choice
Question 32 POST_UTME_NOUN • 2017 • ACCOUNTING • objective

A company's cash book shows a debit balance of ₦1,500,000. The company's bank statement for the same period shows a credit balance of ₦2,000,000. What is the amount of the company's bank overdraft?

Answer Options

A. ₦1,000,000
B. ₦1,500,000
C. ₦2,000,000
Correct Answer D. ₦2,500,000
Correct Answer
D
Correct Option:
₦2,500,000

About This Question

This is Post Utme Noun 2017 Accounting Question 32. It is one of the objective questions from the 2017 Post Utme Noun Accounting examination.

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