Post Utme Pan Atlantic University 2023 Accounting Question 37
Practice objective / multiple choice question 37 from the 2023 Post Utme Pan Atlantic University Accounting examination.
A company has a cash book balance of ₦90,000 and a bank statement balance of ₦110,000. The bank statement shows a debit of ₦10,000 for a bank charge. The cash book shows a credit of ₦20,000 for a dishonored cheque. What is the correct adjustment to reconcile the two balances?
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About This Question
This is Post Utme Pan Atlantic University 2023 Accounting Question 37. It is one of the objective questions from the 2023 Post Utme Pan Atlantic University Accounting examination.
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