Post Utme Al Hikmah University 2019 Accounting Question 18

Practice objective / multiple choice question 18 from the 2019 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2019 Accounting Objective / Multiple Choice
Question 18 POST_UTME_AL-HIKMAH_UNIVERSITY • 2019 • ACCOUNTING • objective

A public sector organization has a cash book balance of ₦500,000 and a bank statement balance of ₦550,000. The bank reconciliation statement shows a difference of ₦20,000 due to outstanding cheques. Calculate the difference due to bank errors.

Answer Options

A. ₦10,000
B. ₦15,000
Correct Answer C. ₦20,000
D. ₦25,000
Correct Answer
C
Correct Option:
₦20,000

About This Question

This is Post Utme Al Hikmah University 2019 Accounting Question 18. It is one of the objective questions from the 2019 Post Utme Al Hikmah University Accounting examination.

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