Post Utme Greenfield University 2017 Accounting Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2017 Accounting Objective / Multiple Choice
Question 10 POST_UTME_GREENFIELD_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's bank reconciliation statement shows the following discrepancies: Bank balance ₦50,000, Cash balance ₦40,000, and Outstanding checks ₦10,000. What is the correct bank balance?

Answer Options

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

About This Question

This is Post Utme Greenfield University 2017 Accounting Question 10. It is one of the objective questions from the 2017 Post Utme Greenfield University Accounting examination.

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