Post Utme Skyline University 2023 Accounting Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2023 Accounting Objective / Multiple Choice
Question 34 POST_UTME_SKYLINE_UNIVERSITY • 2023 • ACCOUNTING • objective

A bank statement shows a balance of ₦100,000, while the cash book shows a balance of ₦120,000. The bank statement also shows a debit of ₦20,000 for a NSF check. What is the correct balance of the cash book?

Answer Options

A. ₦100,000
B. ₦110,000
Correct Answer C. ₦120,000
D. ₦130,000
Correct Answer
C
Correct Option:
₦120,000

About This Question

This is Post Utme Skyline University 2023 Accounting Question 34. It is one of the objective questions from the 2023 Post Utme Skyline University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support