Post Utme Summit University 2023 Accounting Question 35

Practice objective / multiple choice question 35 from the 2023 Post Utme Summit University Accounting examination.

Post Utme Summit University 2023 Accounting Objective / Multiple Choice
Question 35 POST_UTME_SUMMIT_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has the following bank statement: Debit 1,000, Credit 500. What is the new balance in the bank account?

Answer Options

A. 500
B. 1,500
Correct Answer C. 1,000
D. 1,500
Correct Answer
C
Correct Option:
1,000

About This Question

This is Post Utme Summit University 2023 Accounting Question 35. It is one of the objective questions from the 2023 Post Utme Summit University Accounting examination.

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