Post Utme Achievers University 2021 Accounting Question 11

Practice objective / multiple choice question 11 from the 2021 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2021 Accounting Objective / Multiple Choice
Question 11 POST_UTME_ACHIEVERS_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has a cash book balance of ₦120,000 and a bank statement balance of ₦150,000. The bank statement shows a credit of ₦20,000 for an outstanding cheque. The cash book shows a debit of ₦30,000 for a bank charge. What is the correct amount of the bank reconciliation statement?

Answer Options

A. ₦130,000
B. ₦140,000
Correct Answer C. ₦150,000
D. ₦160,000
Correct Answer
C
Correct Option:
₦150,000

About This Question

This is Post Utme Achievers University 2021 Accounting Question 11. It is one of the objective questions from the 2021 Post Utme Achievers University Accounting examination.

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