Post Utme Caleb University 2019 Accounting Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2019 Accounting Objective / Multiple Choice
Question 3 POST_UTME_CALEB_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has the following cash book transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1/1 | Cash received from customers | 10,000 | 0 | | 1/2 | Cash paid to suppliers | 0 | 5,000 | | 1/3 | Cash received from bank | 8,000 | 0 | | 1/4 | Cash paid to employees | 0 | 12,000 | What is the bank reconciliation statement?

Answer Options

A. ₦18,000
B. ₦22,000
Correct Answer C. ₦28,000
D. ₦32,000
Correct Answer
C
Correct Option:
₦28,000

About This Question

This is Post Utme Caleb University 2019 Accounting Question 3. It is one of the objective questions from the 2019 Post Utme Caleb University Accounting examination.

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