Post Utme Redeemers University 2022 Accounting Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2022 Accounting Objective / Multiple Choice
Question 10 POST_UTME_REDEEMERS_UNIVERSITY • 2022 • ACCOUNTING • objective

A company has the following bank statement: ₦50,000 debit, ₦20,000 credit, and a balance of ₦30,000. What is the correct bank reconciliation statement?

Answer Options

Correct Answer A. ₦50,000 debit, ₦20,000 credit, and a balance of ₦30,000
B. ₦50,000 debit, ₦20,000 credit, and a balance of ₦10,000
C. ₦50,000 debit, ₦20,000 credit, and a balance of ₦40,000
D. ₦50,000 debit, ₦20,000 credit, and a balance of ₦60,000
Correct Answer
A
Correct Option:
₦50,000 debit, ₦20,000 credit, and a balance of ₦30,000

About This Question

This is Post Utme Redeemers University 2022 Accounting Question 10. It is one of the objective questions from the 2022 Post Utme Redeemers University Accounting examination.

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