Post Utme Oau 2021 Accounting Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Oau Accounting examination.

Post Utme Oau 2021 Accounting Objective / Multiple Choice
Question 36 POST_UTME_OAU • 2021 • ACCOUNTING • objective

A company has a cash book balance of ₦120,000 and a bank statement balance of ₦150,000. The bank statement shows a credit balance of ₦5,000 for a dishonored cheque. The cash book shows a debit balance of ₦10,000 for a bank overdraft. What is the correct amount of the bank reconciliation statement?

Answer Options

A. ₦25,000
Correct Answer B. ₦30,000
C. ₦35,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦30,000

About This Question

This is Post Utme Oau 2021 Accounting Question 36. It is one of the objective questions from the 2021 Post Utme Oau Accounting examination.

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