Post Utme Crawford University 2024 Accounting Question 18

Practice objective / multiple choice question 18 from the 2024 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2024 Accounting Objective / Multiple Choice
Question 18 POST_UTME_CRAWFORD_UNIVERSITY • 2024 • ACCOUNTING • objective

A bank reconciliation statement shows that a company's bank balance is ₦10,000, but the company's cash book balance is ₦15,000. If the company's cash book balance includes a deposit of ₦5,000 that has not been cleared by the bank, what is the company's actual bank balance?

Answer Options

A. ₦5,000
Correct Answer B. ₦10,000
C. ₦15,000
D. ₦20,000
Correct Answer
B
Correct Option:
₦10,000

About This Question

This is Post Utme Crawford University 2024 Accounting Question 18. It is one of the objective questions from the 2024 Post Utme Crawford University Accounting examination.

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