Post Utme Redeemers University 2019 Accounting Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2019 Accounting Objective / Multiple Choice
Question 8 POST_UTME_REDEEMERS_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's cash book shows the following transactions: ₦10,000 cash received, ₦8,000 cash paid, ₦5,000 bank deposit, ₦3,000 bank withdrawal. What is the bank reconciliation statement?

Answer Options

A. ₦3,000 bank overdraft
Correct Answer B. ₦3,000 bank credit
C. ₦5,000 bank overdraft
D. ₦5,000 bank credit
Correct Answer
B
Correct Option:
₦3,000 bank credit

About This Question

This is Post Utme Redeemers University 2019 Accounting Question 8. It is one of the objective questions from the 2019 Post Utme Redeemers University Accounting examination.

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