Post Utme Skyline University 2020 Accounting Question 7

Practice objective / multiple choice question 7 from the 2020 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2020 Accounting Objective / Multiple Choice
Question 7 POST_UTME_SKYLINE_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | ₦10,000 | | | 2 Jan | Bank | | ₦15,000 | | 3 Jan | Cash | | ₦5,000 | | 4 Jan | Bank | ₦20,000 | | | 5 Jan | Cash | | ₦8,000 | Prepare the cash book and bank reconciliation statement.

Answer Options

A. ₦10,000
B. ₦15,000
Correct Answer C. ₦20,000
D. ₦25,000
Correct Answer
C
Correct Option:
₦20,000

About This Question

This is Post Utme Skyline University 2020 Accounting Question 7. It is one of the objective questions from the 2020 Post Utme Skyline University Accounting examination.

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