Post Utme Nile University 2022 Accounting Question 7

Practice objective / multiple choice question 7 from the 2022 Post Utme Nile University Accounting examination.

Post Utme Nile University 2022 Accounting Objective / Multiple Choice
Question 7 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 7. It is one of the objective questions from the 2022 Post Utme Nile University Accounting examination.

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