Post Utme Redeemers University 2019 Accounting Question 32

Practice objective / multiple choice question 32 from the 2019 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2019 Accounting Objective / Multiple Choice
Question 32 POST_UTME_REDEEMERS_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has a cash book balance of ₦50,000 and a bank statement balance of ₦60,000. The bank statement shows a credit balance of ₦5,000 for an outstanding cheque. Calculate the correct cash book balance.

Answer Options

Correct Answer A. ₦55,000
B. ₦50,000
C. ₦45,000
D. ₦40,000
Correct Answer
A
Correct Option:
₦55,000

About This Question

This is Post Utme Redeemers University 2019 Accounting Question 32. It is one of the objective questions from the 2019 Post Utme Redeemers University Accounting examination.

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