Post Utme Noun 2023 Accounting Question 25

Practice objective / multiple choice question 25 from the 2023 Post Utme Noun Accounting examination.

Post Utme Noun 2023 Accounting Objective / Multiple Choice
Question 25 POST_UTME_NOUN • 2023 • ACCOUNTING • objective

A firm has a cash book balance of ₦120,000 and a bank statement balance of ₦150,000. The bank statement shows a credit balance of ₦10,000 for a dishonored cheque. The cash book shows a debit balance of ₦5,000 for a bank overdraft. What is the correct balance of the firm's cash account?

Answer Options

A. ₦125,000
B. ₦130,000
C. ₦135,000
Correct Answer D. ₦140,000
Correct Answer
D
Correct Option:
₦140,000

About This Question

This is Post Utme Noun 2023 Accounting Question 25. It is one of the objective questions from the 2023 Post Utme Noun Accounting examination.

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