Post Utme Ims U 2018 Accounting Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Ims U Accounting examination.

Post Utme Ims U 2018 Accounting Objective / Multiple Choice
Question 8 POST_UTME_IMS_U • 2018 • ACCOUNTING • objective

A bank reconciliation statement shows a difference of ₦1,500 between the bank statement balance and the cash book balance. The bank statement balance includes a debit of ₦2,000 for a dishonored cheque. What is the correct adjustment to the cash book balance?

Answer Options

A. ₦1,500 increase
Correct Answer B. ₦1,500 decrease
C. ₦2,000 increase
D. ₦2,000 decrease
Correct Answer
B
Correct Option:
₦1,500 decrease

About This Question

This is Post Utme Ims U 2018 Accounting Question 8. It is one of the objective questions from the 2018 Post Utme Ims U Accounting examination.

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