Post Utme Unilag 2021 Accounting Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Unilag Accounting examination.

Post Utme Unilag 2021 Accounting Objective / Multiple Choice
Question 37 POST_UTME_UNILAG • 2021 • ACCOUNTING • objective

A firm has a cash book balance of ₦50,000 and a bank statement balance of ₦60,000. The bank statement shows a credit balance of ₦10,000 for a dishonored cheque. What is the correct balance of the firm's cash book?

Answer Options

A. ₦40,000
Correct Answer B. ₦45,000
C. ₦50,000
D. ₦55,000
Correct Answer
B
Correct Option:
₦45,000

About This Question

This is Post Utme Unilag 2021 Accounting Question 37. It is one of the objective questions from the 2021 Post Utme Unilag Accounting examination.

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