Post Utme Bowen University 2021 Accounting Question 25
Practice objective / multiple choice question 25 from the 2021 Post Utme Bowen University Accounting examination.
A company's bank reconciliation statement shows the following discrepancies: | Date | Discrepancy | Amount | | --- | --- | --- | | 1 Jan | Bank statement balance | ₦10,000 | | 2 Jan | Cash book balance | ₦15,000 | | 3 Jan | Outstanding checks | ₦5,000 | | 4 Jan | Deposits in transit | ₦20,000 | What is the corrected bank balance?
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About This Question
This is Post Utme Bowen University 2021 Accounting Question 25. It is one of the objective questions from the 2021 Post Utme Bowen University Accounting examination.
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