Post Utme Eksu 2022 Accounting Question 37

Practice objective / multiple choice question 37 from the 2022 Post Utme Eksu Accounting examination.

Post Utme Eksu 2022 Accounting Objective / Multiple Choice
Question 37 POST_UTME_EKSU • 2022 • ACCOUNTING • objective

A company's cash book shows a balance of ₦20,000 in the cash account. However, the bank statement shows a balance of ₦15,000. Prepare the bank reconciliation statement.

Answer Options

A. ₦5,000 bank overdraft
B. ₦5,000 bank credit
Correct Answer C. ₦5,000 cash in transit
D. ₦5,000 bank charges
Correct Answer
C
Correct Option:
₦5,000 cash in transit

About This Question

This is Post Utme Eksu 2022 Accounting Question 37. It is one of the objective questions from the 2022 Post Utme Eksu Accounting examination.

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