Post Utme Redeemers University 2021 Accounting Question 1
Practice objective / multiple choice question 1 from the 2021 Post Utme Redeemers University Accounting examination.
A company's cash book shows a balance of ₦250,000. However, the bank statement shows a balance of ₦270,000. The bank reconciliation statement reveals a difference of ₦5,000 due to an outstanding cheque. What is the correct balance in the company's cash book?
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About This Question
This is Post Utme Redeemers University 2021 Accounting Question 1. It is one of the objective questions from the 2021 Post Utme Redeemers University Accounting examination.
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