Post Utme Ims U 2017 Accounting Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Ims U Accounting examination.

Post Utme Ims U 2017 Accounting Objective / Multiple Choice
Question 34 POST_UTME_IMS_U • 2017 • ACCOUNTING • objective

A company's bank statement as of December 31, 2022, is as follows: Debit Cash: ₦100,000 Credit Bank Service Charge: ₦5,000 Prepare the company's bank reconciliation statement as of December 31, 2022.

Answer Options

Correct Answer A. Bank Balance: ₦95,000, Company Balance: ₦100,000
B. Bank Balance: ₦90,000, Company Balance: ₦100,000
C. Bank Balance: ₦95,000, Company Balance: ₦90,000
D. Bank Balance: ₦90,000, Company Balance: ₦95,000
Correct Answer
A
Correct Option:
Bank Balance: ₦95,000, Company Balance: ₦100,000

About This Question

This is Post Utme Ims U 2017 Accounting Question 34. It is one of the objective questions from the 2017 Post Utme Ims U Accounting examination.

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