Post Utme Coal City University 2020 Accounting Question 2

Practice objective / multiple choice question 2 from the 2020 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2020 Accounting Objective / Multiple Choice
Question 2 POST_UTME_COAL_CITY_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's bank statement shows a balance of 10,000. The company's cash book shows a balance of 12,000. The bank statement also shows a debit of 2,000 for a NSF check. What is the correct bank reconciliation?

Answer Options

Correct Answer A. Add 2,000 to the bank statement balance
B. Subtract 2,000 from the bank statement balance
C. Add 2,000 to the cash book balance
D. Subtract 2,000 from the cash book balance
Correct Answer
A
Correct Option:
Add 2,000 to the bank statement balance

About This Question

This is Post Utme Coal City University 2020 Accounting Question 2. It is one of the objective questions from the 2020 Post Utme Coal City University Accounting examination.

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