Post Utme Aaua 2021 Accounting Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Aaua Accounting examination.

Post Utme Aaua 2021 Accounting Objective / Multiple Choice
Question 5 POST_UTME_AAUA • 2021 • ACCOUNTING • objective

A company's bank reconciliation statement shows the following discrepancies: a difference of ₦1,000 between the company's cash book balance and the bank statement balance, and a difference of ₦500 between the company's cash book balance and the bank statement balance. What is the company's new cash balance?

Answer Options

A. ₦12,000
Correct Answer B. ₦11,000
C. ₦10,000
D. ₦9,000
Correct Answer
B
Correct Option:
₦11,000

About This Question

This is Post Utme Aaua 2021 Accounting Question 5. It is one of the objective questions from the 2021 Post Utme Aaua Accounting examination.

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