Post Utme Wellspring University 2020 Accounting Question 11

Practice objective / multiple choice question 11 from the 2020 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2020 Accounting Objective / Multiple Choice
Question 11 POST_UTME_WELLSPRING_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's cash book shows a credit balance of ₦150,000 in the cash account, but the bank statement shows a debit balance of ₦120,000. What is the correct balance in the cash account?

Answer Options

A. ₦30,000
Correct Answer B. ₦120,000
C. ₦150,000
D. ₦180,000
Correct Answer
B
Correct Option:
₦120,000

About This Question

This is Post Utme Wellspring University 2020 Accounting Question 11. It is one of the objective questions from the 2020 Post Utme Wellspring University Accounting examination.

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