Post Utme Noun 2018 Accounting Question 23

Practice objective / multiple choice question 23 from the 2018 Post Utme Noun Accounting examination.

Post Utme Noun 2018 Accounting Objective / Multiple Choice
Question 23 POST_UTME_NOUN • 2018 • ACCOUNTING • objective

A company maintains a cash book that records all cash transactions. If the cash book balance is ₦50,000 and the bank statement balance is ₦60,000, what is the amount of the bank reconciliation difference?

Answer Options

A. ₦10,000
B. ₦20,000
C. ₦30,000
Correct Answer D. ₦40,000
Correct Answer
D
Correct Option:
₦40,000

About This Question

This is Post Utme Noun 2018 Accounting Question 23. It is one of the objective questions from the 2018 Post Utme Noun Accounting examination.

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