Post Utme Rsu 2019 Accounting Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Rsu Accounting examination.

Post Utme Rsu 2019 Accounting Objective / Multiple Choice
Question 37 POST_UTME_RSU • 2019 • ACCOUNTING • objective

A company's cash book shows a debit balance of ₦50,000. The bank statement shows a credit balance of ₦75,000. The company's cash book also shows a debit of ₦20,000 for a bank charge. What is the correct balance of the company's cash account?

Answer Options

A. ₦25,000
Correct Answer B. ₦30,000
C. ₦35,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦30,000

About This Question

This is Post Utme Rsu 2019 Accounting Question 37. It is one of the objective questions from the 2019 Post Utme Rsu Accounting examination.

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