Post Utme Ims U 2025 Accounting Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Ims U Accounting examination.

Post Utme Ims U 2025 Accounting Objective / Multiple Choice
Question 9 POST_UTME_IMS_U • 2025 • ACCOUNTING • objective

A company's cash book shows the following transactions: Debit Cash ₦20,000, Credit Sales ₦20,000; Debit Purchases ₦15,000, Credit Cash ₦15,000. What is the correct bank reconciliation statement to reconcile the company's cash book with its bank statement?

Answer Options

A. ₦5,000
B. ₦10,000
Correct Answer C. ₦15,000
D. ₦20,000
Correct Answer
C
Correct Option:
₦15,000

About This Question

This is Post Utme Ims U 2025 Accounting Question 9. It is one of the objective questions from the 2025 Post Utme Ims U Accounting examination.

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