Post Utme Lead City University 2021 Accounting Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2021 Accounting Objective / Multiple Choice
Question 5 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's bank reconciliation statement shows the following differences: | Date | Particulars | Bank | Cash Book | | --- | --- | --- | --- | | 1st Jan | Bank Overdraft | | 1,000 | | 2nd Jan | Bank Overdraft | | 500 | | 3rd Jan | Bank Overdraft | | | 1,500 | What is the correct balance of the bank account?

Answer Options

A. ₦1,500
Correct Answer B. ₦2,500
C. ₦3,500
D. ₦4,500
Correct Answer
B
Correct Option:
₦2,500

About This Question

This is Post Utme Lead City University 2021 Accounting Question 5. It is one of the objective questions from the 2021 Post Utme Lead City University Accounting examination.

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