Post Utme Ims U 2024 Accounting Question 5

Practice objective / multiple choice question 5 from the 2024 Post Utme Ims U Accounting examination.

Post Utme Ims U 2024 Accounting Objective / Multiple Choice
Question 5 POST_UTME_IMS_U • 2024 • ACCOUNTING • objective

A company's bank reconciliation statement shows the following discrepancies: Outstanding cheque: ₦20,000; Deposits in transit: ₦10,000; Bank errors: ₦5,000. What is the total discrepancy?

Answer Options

A. ₦35,000
B. ₦40,000
C. ₦45,000
Correct Answer D. ₦50,000
Correct Answer
D
Correct Option:
₦50,000

About This Question

This is Post Utme Ims U 2024 Accounting Question 5. It is one of the objective questions from the 2024 Post Utme Ims U Accounting examination.

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