Post Utme Eksu 2023 Accounting Question 25

Practice objective / multiple choice question 25 from the 2023 Post Utme Eksu Accounting examination.

Post Utme Eksu 2023 Accounting Objective / Multiple Choice
Question 25 POST_UTME_EKSU • 2023 • ACCOUNTING • objective

A company's bank reconciliation statement shows the following discrepancies: Outstanding checks ₦10,000; Deposits in transit ₦20,000; and Bank error ₦5,000. Calculate the corrected balance.

Answer Options

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

About This Question

This is Post Utme Eksu 2023 Accounting Question 25. It is one of the objective questions from the 2023 Post Utme Eksu Accounting examination.

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