Post Utme Uniosun 2019 Accounting Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2019 Accounting Objective / Multiple Choice
Question 37 POST_UTME_UNIOSUN • 2019 • ACCOUNTING • objective

A bank's cash book shows a balance of ₦500,000. The bank reconciliation statement shows a difference of ₦20,000 between the cash book balance and the bank statement balance. What is the correct balance of the bank's cash?

Answer Options

Correct Answer A. ₦520,000
B. ₦480,000
C. ₦500,000
D. ₦480,000
Correct Answer
A
Correct Option:
₦520,000

About This Question

This is Post Utme Uniosun 2019 Accounting Question 37. It is one of the objective questions from the 2019 Post Utme Uniosun Accounting examination.

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