Post Utme Bells University 2017 Accounting Question 1
Practice objective / multiple choice question 1 from the 2017 Post Utme Bells University Accounting examination.
A company is preparing its financial statements for the year ended December 31, 2022. The company has a cash book that shows a balance of ₦1,500,000 as at December 31, 2022. The bank statement shows a balance of ₦1,800,000 as at December 31, 2022. The company's cash book also shows a debit balance of ₦200,000 in the suspense account. What is the correct amount of the bank reconciliation statement?
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About This Question
This is Post Utme Bells University 2017 Accounting Question 1. It is one of the objective questions from the 2017 Post Utme Bells University Accounting examination.
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