Post Utme Al Hikmah University 2022 Accounting Question 8

Practice objective / multiple choice question 8 from the 2022 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2022 Accounting Objective / Multiple Choice
Question 8 POST_UTME_AL-HIKMAH_UNIVERSITY • 2022 • ACCOUNTING • objective

A company maintains a cash book and a general ledger. The cash book shows a balance of ₦100,000 on 31st December. The bank statement shows a balance of ₦120,000 on the same date. The difference is due to an outstanding cheque of ₦20,000. Prepare the bank reconciliation statement.

Answer Options

A. ₦100,000
B. ₦110,000
Correct Answer C. ₦120,000
D. ₦130,000
Correct Answer
C
Correct Option:
₦120,000

About This Question

This is Post Utme Al Hikmah University 2022 Accounting Question 8. It is one of the objective questions from the 2022 Post Utme Al Hikmah University Accounting examination.

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