Post Utme Esut 2024 Accounting Question 19

Practice objective / multiple choice question 19 from the 2024 Post Utme Esut Accounting examination.

Post Utme Esut 2024 Accounting Objective / Multiple Choice
Question 19 POST_UTME_ESUT • 2024 • ACCOUNTING • objective

A company's bank statement showed a balance of £ 5,000. However, the company's cash book showed a balance of £ 3,000. What is the correct bank reconciliation?

Answer Options

Correct Answer A. Bank Overdraft £ 2,000, Bank Charges £ 1,000, Unpresented Cheques £ 2,000
B. Bank Overdraft £ 2,000, Bank Charges £ 1,000
C. Bank Overdraft £ 2,000, Unpresented Cheques £ 2,000
D. Bank Overdraft £ 2,000, Bank Charges £ 1,000, Unpresented Cheques £ 1,000
Correct Answer
A
Correct Option:
Bank Overdraft £ 2,000, Bank Charges £ 1,000, Unpresented Cheques £ 2,000

About This Question

This is Post Utme Esut 2024 Accounting Question 19. It is one of the objective questions from the 2024 Post Utme Esut Accounting examination.

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