Post Utme Esut 2021 Accounting Question 40

Practice objective / multiple choice question 40 from the 2021 Post Utme Esut Accounting examination.

Post Utme Esut 2021 Accounting Objective / Multiple Choice
Question 40 POST_UTME_ESUT • 2021 • ACCOUNTING • objective

A company's cash book shows a credit balance of ₦15,000 in the account 'Bank'. However, the company's bank statement shows a debit balance of ₦20,000. What is the correct bank reconciliation statement?

Answer Options

A. ₦5,000
Correct Answer B. ₦10,000
C. ₦15,000
D. ₦20,000
Correct Answer
B
Correct Option:
₦10,000

About This Question

This is Post Utme Esut 2021 Accounting Question 40. It is one of the objective questions from the 2021 Post Utme Esut Accounting examination.

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