Post Utme Unn 2020 Accounting Question 2

Practice objective / multiple choice question 2 from the 2020 Post Utme Unn Accounting examination.

Post Utme Unn 2020 Accounting Objective / Multiple Choice
Question 2 POST_UTME_UNN • 2020 • ACCOUNTING • objective

A firm has a cash book balance of ₦120,000. The bank statement shows a balance of ₦150,000. The firm's cash book shows a debit of ₦10,000 for a bank charge. The bank statement shows a credit of ₦5,000 for a bank interest. What is the correct balance in the firm's cash book?

Answer Options

A. ₦115,000
B. ₦120,000
Correct Answer C. ₦125,000
D. ₦130,000
Correct Answer
C
Correct Option:
₦125,000

About This Question

This is Post Utme Unn 2020 Accounting Question 2. It is one of the objective questions from the 2020 Post Utme Unn Accounting examination.

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