Post Utme Elizade University 2025 Accounting Question 17

Practice objective / multiple choice question 17 from the 2025 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2025 Accounting Objective / Multiple Choice
Question 17 POST_UTME_ELIZADE_UNIVERSITY • 2025 • ACCOUNTING • objective

A company uses the cash book to record its transactions. The cash book shows a balance of ₦150,000 in the cash account. However, the bank statement shows a balance of ₦120,000. Prepare a bank reconciliation statement.

Answer Options

A. ₦30,000
Correct Answer B. ₦40,000
C. ₦50,000
D. ₦60,000
Correct Answer
B
Correct Option:
₦40,000

About This Question

This is Post Utme Elizade University 2025 Accounting Question 17. It is one of the objective questions from the 2025 Post Utme Elizade University Accounting examination.

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