Post Utme Unilag 2024 Accounting Question 39

Practice objective / multiple choice question 39 from the 2024 Post Utme Unilag Accounting examination.

Post Utme Unilag 2024 Accounting Objective / Multiple Choice
Question 39 POST_UTME_UNILAG • 2024 • ACCOUNTING • objective

A firm has a cash book balance of ₦150,000. The bank statement shows a balance of ₦180,000. The firm's cash book shows a debit balance of ₦20,000 for a bank overdraft. The bank statement shows a credit balance of ₦10,000 for a bank overdraft. What is the correct balance of the firm's cash book?

Answer Options

A. ₦140,000
B. ₦150,000
Correct Answer C. ₦160,000
D. ₦170,000
Correct Answer
C
Correct Option:
₦160,000

About This Question

This is Post Utme Unilag 2024 Accounting Question 39. It is one of the objective questions from the 2024 Post Utme Unilag Accounting examination.

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