Post Utme Summit University 2021 Accounting Question 16
Practice objective / multiple choice question 16 from the 2021 Post Utme Summit University Accounting examination.
A company's cash book shows a balance of ₦150,000. However, the bank statement shows a balance of ₦120,000. The difference of ₦30,000 is due to a dishonored cheque of ₦15,000 and an outstanding deposit of ₦15,000. What is the correct balance in the cash book?
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About This Question
This is Post Utme Summit University 2021 Accounting Question 16. It is one of the objective questions from the 2021 Post Utme Summit University Accounting examination.
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