Post Utme Ksu 2024 Accounting Question 39

Practice objective / multiple choice question 39 from the 2024 Post Utme Ksu Accounting examination.

Post Utme Ksu 2024 Accounting Objective / Multiple Choice
Question 39 POST_UTME_KSU • 2024 • ACCOUNTING • objective

A company's bank statement shows a balance of ₦150,000. The company's cash book shows a balance of ₦120,000. The bank statement includes a debit of ₦20,000 for a NSF cheque and a credit of ₦10,000 for a deposit. What is the correct reconciliation of the bank statement and the cash book?

Answer Options

A. ₦130,000
B. ₦140,000
Correct Answer C. ₦150,000
D. ₦160,000
Correct Answer
C
Correct Option:
₦150,000

About This Question

This is Post Utme Ksu 2024 Accounting Question 39. It is one of the objective questions from the 2024 Post Utme Ksu Accounting examination.

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