Post Utme Covenant University 2025 Accounting Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2025 Accounting Objective / Multiple Choice
Question 28 POST_UTME_COVENANT_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has the following bank reconciliation statement: Bank balance: ₦50,000 Cash book balance: ₦60,000 Differences: ₦5,000 due to bank charges ₦10,000 due to unrecorded deposit ₦15,000 due to unrecorded withdrawal Calculate the corrected bank balance.

Answer Options

A. ₦50,000
B. ₦55,000
C. ₦60,000
Correct Answer D. ₦65,000
Correct Answer
D
Correct Option:
₦65,000

About This Question

This is Post Utme Covenant University 2025 Accounting Question 28. It is one of the objective questions from the 2025 Post Utme Covenant University Accounting examination.

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