Post Utme Summit University 2024 Accounting Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Summit University Accounting examination.

Post Utme Summit University 2024 Accounting Objective / Multiple Choice
Question 9 POST_UTME_SUMMIT_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's cash book showed a balance of ₦ 12,000. The bank statement showed a balance of ₦ 15,000. The company's cash book had a debit balance of ₦ 3,000 for bank charges. The bank statement had a credit balance of ₦ 2,000 for interest received. What is the correct balance of the company's cash book?

Answer Options

A. ₦ 15,000
Correct Answer B. ₦ 14,000
C. ₦ 12,000
D. ₦ 11,000
Correct Answer
B
Correct Option:
₦ 14,000

About This Question

This is Post Utme Summit University 2024 Accounting Question 9. It is one of the objective questions from the 2024 Post Utme Summit University Accounting examination.

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