Post Utme Caleb University 2017 Accounting Question 39

Practice objective / multiple choice question 39 from the 2017 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2017 Accounting Objective / Multiple Choice
Question 39 POST_UTME_CALEB_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has the following bank statement and cash book balances: Bank Statement: ₦100,000, Cash Book: ₦120,000. The bank charges a service fee of ₦5,000. The cash book balance includes a deposit of ₦10,000. What is the correct bank reconciliation?

Answer Options

A. ₦105,000
B. ₦115,000
Correct Answer C. ₦125,000
D. ₦135,000
Correct Answer
C
Correct Option:
₦125,000

About This Question

This is Post Utme Caleb University 2017 Accounting Question 39. It is one of the objective questions from the 2017 Post Utme Caleb University Accounting examination.

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