Post Utme Esut 2020 Accounting Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Esut Accounting examination.

Post Utme Esut 2020 Accounting Objective / Multiple Choice
Question 39 POST_UTME_ESUT • 2020 • ACCOUNTING • objective

A government agency's bank reconciliation statement shows the following: Opening Balance ₦100,000, Deposits ₦50,000, Withdrawals ₦20,000, Bank Errors ₦10,000. What is the correct closing balance?

Answer Options

A. ₦130,000.
B. ₦140,000.
Correct Answer C. ₦150,000.
D. ₦160,000.
Correct Answer
C
Correct Option:
₦150,000.

About This Question

This is Post Utme Esut 2020 Accounting Question 39. It is one of the objective questions from the 2020 Post Utme Esut Accounting examination.

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