Post Utme Futo 2021 Accounting Question 8

Practice objective / multiple choice question 8 from the 2021 Post Utme Futo Accounting examination.

Post Utme Futo 2021 Accounting Objective / Multiple Choice
Question 8 POST_UTME_FUTO • 2021 • ACCOUNTING • objective

A company's cash book showed the following transactions: Cash received from customers ₦100,000, Cash paid to suppliers ₦50,000, Cash received from bank ₦20,000, and Cash paid to bank ₦10,000. Prepare a bank reconciliation 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 Futo 2021 Accounting Question 8. It is one of the objective questions from the 2021 Post Utme Futo Accounting examination.

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