Post Utme Summit University 2023 Accounting Question 31

Practice objective / multiple choice question 31 from the 2023 Post Utme Summit University Accounting examination.

Post Utme Summit University 2023 Accounting Objective / Multiple Choice
Question 31 POST_UTME_SUMMIT_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | ₦10,000 | | | 15 Jan | Purchase of goods | | ₦20,000 | | 20 Jan | Sale of goods | | ₦30,000 | | 25 Jan | Cash | | ₦5,000 | What is the bank reconciliation statement?

Answer Options

A. ₦15,000
Correct Answer B. ₦20,000
C. ₦25,000
D. ₦30,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Summit University 2023 Accounting Question 31. It is one of the objective questions from the 2023 Post Utme Summit University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support