Post Utme Lasu 2018 Accounting Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Lasu Accounting examination.

Post Utme Lasu 2018 Accounting Objective / Multiple Choice
Question 30 POST_UTME_LASU • 2018 • ACCOUNTING • objective

A company's bank reconciliation statement shows the following discrepancies: Bank Balance ₦50,000, Cash Balance ₦30,000, and Outstanding Checks ₦20,000. What is the company's net bank balance?

Answer Options

A. ₦40,000
Correct Answer B. ₦50,000
C. ₦60,000
D. ₦70,000
Correct Answer
B
Correct Option:
₦50,000

About This Question

This is Post Utme Lasu 2018 Accounting Question 30. It is one of the objective questions from the 2018 Post Utme Lasu Accounting examination.

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