Post Utme Crawford University 2021 Accounting Question 39

Practice objective / multiple choice question 39 from the 2021 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2021 Accounting Objective / Multiple Choice
Question 39 POST_UTME_CRAWFORD_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has the following transactions in its bank reconciliation statement: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1/1 | Bank statement balance | ₦50,000 | | | 1/2 | Cheque deposited | | ₦20,000 | | 1/3 | Cheque issued | ₦30,000 | | | 1/4 | Bank charges | | ₦5,000 | Calculate the bank balance at the end of the month.

Answer Options

A. ₦35,000
B. ₦40,000
C. ₦45,000
Correct Answer D. ₦50,000
Correct Answer
D
Correct Option:
₦50,000

About This Question

This is Post Utme Crawford University 2021 Accounting Question 39. It is one of the objective questions from the 2021 Post Utme Crawford University Accounting examination.

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