Post Utme Rsu 2022 Accounting Question 29

Practice objective / multiple choice question 29 from the 2022 Post Utme Rsu Accounting examination.

Post Utme Rsu 2022 Accounting Objective / Multiple Choice
Question 29 POST_UTME_RSU • 2022 • ACCOUNTING • objective

A firm's cash book shows a balance of ₦40,000. The bank statement shows a balance of ₦50,000. The firm's cash book also shows a debit of ₦10,000 for rent. However, the bank statement shows a credit of ₦5,000 for interest received. What is the correct balance of the firm's cash book?

Answer Options

A. ₦35,000
B. ₦40,000
Correct Answer C. ₦45,000
D. ₦50,000
Correct Answer
C
Correct Option:
₦45,000

About This Question

This is Post Utme Rsu 2022 Accounting Question 29. It is one of the objective questions from the 2022 Post Utme Rsu Accounting examination.

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