Post Utme Rhema University 2023 Accounting Question 13
Practice objective / multiple choice question 13 from the 2023 Post Utme Rhema University Accounting examination.
A bank reconciles its cash book with its bank statement. The cash book shows a balance of ₦100,000, while the bank statement shows a balance of ₦120,000. The bank statement includes a credit of ₦10,000 for interest earned and a debit of ₦5,000 for bank charges. What is the correct balance per the bank statement?
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About This Question
This is Post Utme Rhema University 2023 Accounting Question 13. It is one of the objective questions from the 2023 Post Utme Rhema University Accounting examination.
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