Post Utme Redeemers University 2017 Accounting Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2017 Accounting Objective / Multiple Choice
Question 10 POST_UTME_REDEEMERS_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's cash book showed a balance of ₦50,000. The bank statement showed a balance of ₦60,000. The difference is due to a bank overdraft of ₦10,000. Prepare the necessary bank reconciliation statement.

Answer Options

Correct Answer A. ₦50,000 | ₦60,000 | ₦10,000
B. ₦60,000 | ₦50,000 | ₦10,000
C. ₦50,000 | ₦50,000 | ₦10,000
D. ₦60,000 | ₦60,000 | ₦10,000
Correct Answer
A
Correct Option:
₦50,000 | ₦60,000 | ₦10,000

About This Question

This is Post Utme Redeemers University 2017 Accounting Question 10. It is one of the objective questions from the 2017 Post Utme Redeemers University Accounting examination.

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