Post Utme Unilag 2020 Accounting Question 9

Practice objective / multiple choice question 9 from the 2020 Post Utme Unilag Accounting examination.

Post Utme Unilag 2020 Accounting Objective / Multiple Choice
Question 9 POST_UTME_UNILAG • 2020 • ACCOUNTING • objective

A company's cash book shows a balance of ₦100,000. However, the bank statement shows a balance of ₦120,000. The company's cash book also shows a deposit of ₦20,000 and a withdrawal of ₦30,000. What is the correct balance in the company's cash book after reconciliation?

Answer Options

A. ₦110,000
Correct Answer B. ₦120,000
C. ₦130,000
D. ₦140,000
Correct Answer
B
Correct Option:
₦120,000

About This Question

This is Post Utme Unilag 2020 Accounting Question 9. It is one of the objective questions from the 2020 Post Utme Unilag Accounting examination.

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