Post Utme Joseph Ayo Babalola University 2018 Accounting Question 21

Practice objective / multiple choice question 21 from the 2018 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2018 Accounting Objective / Multiple Choice
Question 21 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's cash book shows a balance of ₦120,000. However, the bank statement shows a balance of ₦150,000. The difference is due to a bank error. Prepare a bank reconciliation statement.

Answer Options

A. ₦30,000
Correct Answer B. ₦20,000
C. ₦10,000
D. ₦5,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2018 Accounting Question 21. It is one of the objective questions from the 2018 Post Utme Joseph Ayo Babalola University Accounting examination.

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