Post Utme Futo 2025 Accounting Question 18

Practice objective / multiple choice question 18 from the 2025 Post Utme Futo Accounting examination.

Post Utme Futo 2025 Accounting Objective / Multiple Choice
Question 18 POST_UTME_FUTO • 2025 • ACCOUNTING • objective

A company uses a cash book to record its cash transactions. The cash book shows the following entries: Cash received from customers ₦10,000, Cash paid to suppliers ₦5,000, and Cash received from bank ₦20,000. What is the correct bank reconciliation statement?

Answer Options

A. Bank Statement Balance ₦35,000, Cash Book Balance ₦30,000
B. Bank Statement Balance ₦30,000, Cash Book Balance ₦35,000
Correct Answer C. Bank Statement Balance ₦35,000, Cash Book Balance ₦30,000
D. Bank Statement Balance ₦30,000, Cash Book Balance ₦35,000
Correct Answer
C
Correct Option:
Bank Statement Balance ₦35,000, Cash Book Balance ₦30,000

About This Question

This is Post Utme Futo 2025 Accounting Question 18. It is one of the objective questions from the 2025 Post Utme Futo Accounting examination.

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