Post Utme Futa 2019 Accounting Question 7

Practice objective / multiple choice question 7 from the 2019 Post Utme Futa Accounting examination.

Post Utme Futa 2019 Accounting Objective / Multiple Choice
Question 7 POST_UTME_FUTA • 2019 • ACCOUNTING • objective

A company's cash book shows a balance of ₦20,000 in the 'Cash' account. However, the bank statement shows a balance of ₦18,000. Prepare the necessary bank reconciliation statement.

Answer Options

A. ₦2,000 bank overdraft
Correct Answer B. ₦2,000 unrecorded deposit
C. ₦2,000 unrecorded withdrawal
D. ₦2,000 bank interest
Correct Answer
B
Correct Option:
₦2,000 unrecorded deposit

About This Question

This is Post Utme Futa 2019 Accounting Question 7. It is one of the objective questions from the 2019 Post Utme Futa Accounting examination.

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