Post Utme Osustech 2025 Accounting Question 6

Practice objective / multiple choice question 6 from the 2025 Post Utme Osustech Accounting examination.

Post Utme Osustech 2025 Accounting Objective / Multiple Choice
Question 6 POST_UTME_OSUSTECH • 2025 • ACCOUNTING • objective

A company's cash book shows a balance of ₦150,000. However, the bank statement shows a balance of ₦120,000. The bank charges a service fee of ₦5,000 and a NSF fee of ₦2,000. The company's cash book also shows a deposit of ₦20,000. What is the correct balance in the company's cash book?

Answer Options

A. ₦145,000
Correct Answer B. ₦140,000
C. ₦135,000
D. ₦130,000
Correct Answer
B
Correct Option:
₦140,000

About This Question

This is Post Utme Osustech 2025 Accounting Question 6. It is one of the objective questions from the 2025 Post Utme Osustech Accounting examination.

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