Post Utme Unn 2020 Accounting Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Unn Accounting examination.

Post Utme Unn 2020 Accounting Objective / Multiple Choice
Question 22 POST_UTME_UNN • 2020 • ACCOUNTING • objective

A firm has a cash book balance of ₦30,000 and a bank statement balance of ₦40,000. The bank statement shows a credit balance of ₦2,000 for a dishonored cheque. The firm's cash book shows a debit balance of ₦1,000 for a bank overdraft. What is the correct balance of the firm's bank account?

Answer Options

A. ₦38,000
B. ₦42,000
C. ₦45,000
Correct Answer D. ₦48,000
Correct Answer
D
Correct Option:
₦48,000

About This Question

This is Post Utme Unn 2020 Accounting Question 22. It is one of the objective questions from the 2020 Post Utme Unn Accounting examination.

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