Post Utme Nile University 2023 Accounting Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Nile University Accounting examination.

Post Utme Nile University 2023 Accounting Objective / Multiple Choice
Question 2 POST_UTME_NILE_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | 1000 | | | 2 Jan | Bank | | 500 | | 3 Jan | Cash | | 200 | | 4 Jan | Bank | | 300 | Prepare the bank reconciliation statement.

Answer Options

Correct Answer A. Bank Balance: 500, Cash Balance: 800
B. Bank Balance: 800, Cash Balance: 500
C. Bank Balance: 700, Cash Balance: 600
D. Bank Balance: 600, Cash Balance: 700
Correct Answer
A
Correct Option:
Bank Balance: 500, Cash Balance: 800

About This Question

This is Post Utme Nile University 2023 Accounting Question 2. It is one of the objective questions from the 2023 Post Utme Nile University Accounting examination.

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