Post Utme Delsu 2021 Accounting Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Delsu Accounting examination.

Post Utme Delsu 2021 Accounting Objective / Multiple Choice
Question 20 POST_UTME_DELSU • 2021 • ACCOUNTING • objective

A company's bank reconciliation statement as at 31st December, 2020, showed the following balances: Bank Balance ₦500,000, Cash in Bank ₦200,000, Outstanding Cheques ₦50,000, Deposits in Transit ₦30,000. Prepare the company's bank reconciliation statement.

Answer Options

A. ₦680,000
Correct Answer B. ₦700,000
C. ₦720,000
D. ₦740,000
Correct Answer
B
Correct Option:
₦700,000

About This Question

This is Post Utme Delsu 2021 Accounting Question 20. It is one of the objective questions from the 2021 Post Utme Delsu Accounting examination.

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