Post Utme Osustech 2025 Accounting Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Osustech Accounting examination.

Post Utme Osustech 2025 Accounting Objective / Multiple Choice
Question 29 POST_UTME_OSUSTECH • 2025 • ACCOUNTING • objective

A company's cash book shows a balance of ₦40,000. The bank statement shows a balance of ₦50,000. The difference is due to an unrecorded withdrawal of ₦10,000. What is the correct bank reconciliation statement?

Answer Options

Correct Answer A. ₦10,000 withdrawn but not recorded
B. ₦10,000 recorded but not withdrawn
C. ₦10,000 withdrawn and recorded
D. ₦10,000 recorded but not withdrawn and ₦10,000 withdrawn but not recorded
Correct Answer
A
Correct Option:
₦10,000 withdrawn but not recorded

About This Question

This is Post Utme Osustech 2025 Accounting Question 29. It is one of the objective questions from the 2025 Post Utme Osustech Accounting examination.

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