Post Utme Covenant University 2022 Accounting Question 23

Practice objective / multiple choice question 23 from the 2022 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2022 Accounting Objective / Multiple Choice
Question 23 POST_UTME_COVENANT_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's bank statement showed a balance of 10,000. The company's cash book showed a balance of 12,000. The bank statement included a credit of 2,000 for a deposited check that had not yet been cleared. Prepare a bank reconciliation statement.

Answer Options

Correct Answer A. Bank Statement Balance: 12,000, Cash Book Balance: 10,000, Difference: 2,000
B. Bank Statement Balance: 10,000, Cash Book Balance: 12,000, Difference: 2,000
C. Bank Statement Balance: 12,000, Cash Book Balance: 10,000, Difference: 2,000
D. Bank Statement Balance: 10,000, Cash Book Balance: 12,000, Difference: 2,000
Correct Answer
A
Correct Option:
Bank Statement Balance: 12,000, Cash Book Balance: 10,000, Difference: 2,000

About This Question

This is Post Utme Covenant University 2022 Accounting Question 23. It is one of the objective questions from the 2022 Post Utme Covenant University Accounting examination.

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