Post Utme Pan Atlantic University 2023 Accounting Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2023 Accounting Objective / Multiple Choice
Question 32 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has a cash book balance of ₦500,000 and a bank statement balance of ₦700,000. If the company's cash book balance is ₦200,000 less than the bank statement balance, what is the amount of the bank reconciliation statement?

Answer Options

A. ₦100,000
Correct Answer B. ₦200,000
C. ₦300,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Pan Atlantic University 2023 Accounting Question 32. It is one of the objective questions from the 2023 Post Utme Pan Atlantic University Accounting examination.

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