Post Utme Nile University 2022 Accounting Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Nile University Accounting examination.

Post Utme Nile University 2022 Accounting Objective / Multiple Choice
Question 10 POST_UTME_NILE_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1st Jan | Cash | 1,000 | | | 2nd Jan | Bank | | 500 | | 3rd Jan | Cash | | 800 | Prepare the bank reconciliation statement as at 31st December.

Answer Options

A. Bank Balance: 1,500, Cash Balance: 1,200
Correct Answer B. Bank Balance: 1,200, Cash Balance: 1,500
C. Bank Balance: 1,800, Cash Balance: 1,000
D. Bank Balance: 1,000, Cash Balance: 1,800
Correct Answer
B
Correct Option:
Bank Balance: 1,200, Cash Balance: 1,500

About This Question

This is Post Utme Nile University 2022 Accounting Question 10. It is one of the objective questions from the 2022 Post Utme Nile University Accounting examination.

View More Post Utme Nile University 2022 Accounting Questions More Post Utme Nile University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support