Post Utme Achievers University 2019 Accounting Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2019 Accounting Objective / Multiple Choice
Question 10 POST_UTME_ACHIEVERS_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's cash book shows the following transactions: ₦5,000 received from a customer ₦3,000 paid to a supplier What is the correct bank reconciliation statement?

Answer Options

Correct Answer A. ₦5,000 Debit: Cash ₦3,000 Credit: Bank
B. ₦5,000 Credit: Cash ₦3,000 Debit: Bank
C. ₦5,000 Debit: Cash ₦3,000 Credit: Bank
D. ₦5,000 Credit: Cash ₦3,000 Debit: Bank
Correct Answer
A
Correct Option:
₦5,000 Debit: Cash ₦3,000 Credit: Bank

About This Question

This is Post Utme Achievers University 2019 Accounting Question 10. It is one of the objective questions from the 2019 Post Utme Achievers University Accounting examination.

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