Post Utme Al Hikmah University 2018 Accounting Question 2

Practice objective / multiple choice question 2 from the 2018 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2018 Accounting Objective / Multiple Choice
Question 2 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • ACCOUNTING • objective

A company has the following transactions related to its bank account: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 2022-01-01 | Cash deposit | ₦10,000 | | | 2022-01-05 | Cheque deposit | | ₦5,000 | | 2022-01-10 | Bank interest | | ₦1,000 | | 2022-01-15 | Cheque payment | ₦8,000 | | | 2022-01-20 | Cash withdrawal | | ₦3,000 | What is the bank reconciliation statement as of January 31, 2022?

Answer Options

Correct Answer A. ₦14,000
B. ₦15,000
C. ₦16,000
D. ₦17,000
Correct Answer
A
Correct Option:
₦14,000

About This Question

This is Post Utme Al Hikmah University 2018 Accounting Question 2. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Accounting examination.

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