Post Utme Summit University 2021 Accounting Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Summit University Accounting examination.

Post Utme Summit University 2021 Accounting Objective / Multiple Choice
Question 5 POST_UTME_SUMMIT_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1st Jan | Cash | 1,000 | | | 2nd Jan | Bank | | 500 | | 3rd Jan | Cash | | 800 | Prepare the cash book and bank reconciliation statement.

Answer Options

Correct Answer A. Cash book balance: £ 1,800; Bank balance: £ 1,300
B. Cash book balance: £ 1,300; Bank balance: £ 1,800
C. Cash book balance: £ 1,800; Bank balance: £ 1,800
D. Cash book balance: £ 1,300; Bank balance: £ 1,300
Correct Answer
A
Correct Option:
Cash book balance: £ 1,800; Bank balance: £ 1,300

About This Question

This is Post Utme Summit University 2021 Accounting Question 5. It is one of the objective questions from the 2021 Post Utme Summit University Accounting examination.

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