Post Utme Unilag 2020 Accounting Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Unilag Accounting examination.

Post Utme Unilag 2020 Accounting Objective / Multiple Choice
Question 12 POST_UTME_UNILAG • 2020 • ACCOUNTING • objective

A bank's cash book shows a balance of ₦1,500,000. The bank statement shows a balance of ₦1,800,000. The bank's reconciliation statement shows a difference of ₦50,000 due to outstanding checks. Calculate the bank's cash balance.

Answer Options

A. ₦1,750,000
B. ₦1,800,000
Correct Answer C. ₦1,850,000
D. ₦1,900,000
Correct Answer
C
Correct Option:
₦1,850,000

About This Question

This is Post Utme Unilag 2020 Accounting Question 12. It is one of the objective questions from the 2020 Post Utme Unilag Accounting examination.

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