Post Utme Futa 2019 Accounting Question 28

Practice objective / multiple choice question 28 from the 2019 Post Utme Futa Accounting examination.

Post Utme Futa 2019 Accounting Objective / Multiple Choice
Question 28 POST_UTME_FUTA • 2019 • ACCOUNTING • objective

A company maintains a cash book and bank reconciliation statement as at December 31, 2022. The following data is available: Cash balance as per cash book: ₦200,000; Bank balance as per bank statement: ₦250,000; Bank charges: ₦5,000. Calculate the difference between the cash balance as per the cash book and the bank balance as per the bank statement.

Answer Options

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

About This Question

This is Post Utme Futa 2019 Accounting Question 28. It is one of the objective questions from the 2019 Post Utme Futa Accounting examination.

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