Post Utme Noun 2021 Accounting Question 26

Practice objective / multiple choice question 26 from the 2021 Post Utme Noun Accounting examination.

Post Utme Noun 2021 Accounting Objective / Multiple Choice
Question 26 POST_UTME_NOUN • 2021 • ACCOUNTING • objective

A company's cash book shows a balance of ₦120,000. However, the bank statement shows a balance of ₦150,000. The difference is due to outstanding checks totaling ₦20,000. What is the correct balance in the cash book?

Answer Options

Correct Answer A. ₦140,000
B. ₦160,000
C. ₦180,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦140,000

About This Question

This is Post Utme Noun 2021 Accounting Question 26. It is one of the objective questions from the 2021 Post Utme Noun Accounting examination.

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