Post Utme Futa 2022 Accounting Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Futa Accounting examination.

Post Utme Futa 2022 Accounting Objective / Multiple Choice
Question 39 POST_UTME_FUTA • 2022 • ACCOUNTING • objective

A company's bank reconciliation statement shows the following: Bank balance ₦100,000, Deposits ₦20,000, Withdrawals ₦10,000, Outstanding checks ₦5,000. What is the company's adjusted bank balance?

Answer Options

A. ₦105,000
B. ₦110,000
C. ₦115,000
Correct Answer D. ₦120,000
Correct Answer
D
Correct Option:
₦120,000

About This Question

This is Post Utme Futa 2022 Accounting Question 39. It is one of the objective questions from the 2022 Post Utme Futa Accounting examination.

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