Post Utme Ims U 2022 Accounting Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Ims U Accounting examination.

Post Utme Ims U 2022 Accounting Objective / Multiple Choice
Question 19 POST_UTME_IMS_U • 2022 • ACCOUNTING • objective

A company has a cash book balance of ₦50,000. The bank statement balance is ₦60,000. The difference is due to an outstanding cheque of ₦5,000 and a deposit in transit of ₦5,000. Calculate the bank reconciliation statement.

Answer Options

A. ₦55,000
B. ₦60,000
Correct Answer C. ₦65,000
D. ₦70,000
Correct Answer
C
Correct Option:
₦65,000

About This Question

This is Post Utme Ims U 2022 Accounting Question 19. It is one of the objective questions from the 2022 Post Utme Ims U Accounting examination.

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