Post Utme Babcock University 2024 Accounting Question 30

Practice objective / multiple choice question 30 from the 2024 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2024 Accounting Objective / Multiple Choice
Question 30 POST_UTME_BABCOCK_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's bank reconciliation statement contains the following information: Cash 10,000, Accounts Payable 5,000, Sales Revenue 20,000, Cost of Goods Sold 15,000, and Common Stock 10,000. What is the company's bank balance?

Answer Options

A. 15,000
Correct Answer B. 20,000
C. 25,000
D. 30,000
Correct Answer
B
Correct Option:
20,000

About This Question

This is Post Utme Babcock University 2024 Accounting Question 30. It is one of the objective questions from the 2024 Post Utme Babcock University Accounting examination.

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