Post Utme Al Hikmah University 2024 Accounting Question 4

Practice objective / multiple choice question 4 from the 2024 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2024 Accounting Objective / Multiple Choice
Question 4 POST_UTME_AL-HIKMAH_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's bank reconciliation statement shows the following discrepancies: a missing deposit of ₦20,000, an NSF check of ₦15,000, and an outstanding check of ₦10,000. What is the corrected cash balance?

Answer Options

A. ₦50,000
B. ₦55,000
C. ₦60,000
Correct Answer D. ₦65,000
Correct Answer
D
Correct Option:
₦65,000

About This Question

This is Post Utme Al Hikmah University 2024 Accounting Question 4. It is one of the objective questions from the 2024 Post Utme Al Hikmah University Accounting examination.

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