Post Utme Pan Atlantic University 2024 Accounting Question 30

Practice objective / multiple choice question 30 from the 2024 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2024 Accounting Objective / Multiple Choice
Question 30 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has the following bank reconciliation statement: Bank Statement Balance: ₦100,000; Cash Book Balance: ₦120,000; Bank Charges: ₦5,000; Interest Earned: ₦2,000. What is the correct bank balance?

Answer Options

Correct Answer A. ₦105,000
B. ₦110,000
C. ₦115,000
D. ₦120,000
Correct Answer
A
Correct Option:
₦105,000

About This Question

This is Post Utme Pan Atlantic University 2024 Accounting Question 30. It is one of the objective questions from the 2024 Post Utme Pan Atlantic University Accounting examination.

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