Post Utme Aaua 2023 Accounting Question 33

Practice objective / multiple choice question 33 from the 2023 Post Utme Aaua Accounting examination.

Post Utme Aaua 2023 Accounting Objective / Multiple Choice
Question 33 POST_UTME_AAUA • 2023 • ACCOUNTING • objective

A company's bank statement shows a balance of ₦50,000, but the company's cash book shows a balance of ₦60,000. What is the correct reconciliation?

Answer Options

Correct Answer A. ₦10,000 overdraft
B. ₦10,000 credit
C. ₦10,000 debit
D. ₦10,000 deposit
Correct Answer
A
Correct Option:
₦10,000 overdraft

About This Question

This is Post Utme Aaua 2023 Accounting Question 33. It is one of the objective questions from the 2023 Post Utme Aaua Accounting examination.

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