Post Utme Unilag 2021 Accounting Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Unilag Accounting examination.

Post Utme Unilag 2021 Accounting Objective / Multiple Choice
Question 29 POST_UTME_UNILAG • 2021 • ACCOUNTING • objective

A company's cash book shows the following transactions: £ 1,000 cash received from customers, £ 500 cash paid to suppliers, and £ 200 cash paid to employees. Prepare the bank reconciliation statement.

Answer Options

Correct Answer A. Bank Balance £ 1,300, Cash in Hand £ 200
B. Bank Balance £ 1,200, Cash in Hand £ 300
C. Bank Balance £ 1,300, Cash in Hand £ 300
D. Bank Balance £ 1,200, Cash in Hand £ 200
Correct Answer
A
Correct Option:
Bank Balance £ 1,300, Cash in Hand £ 200

About This Question

This is Post Utme Unilag 2021 Accounting Question 29. It is one of the objective questions from the 2021 Post Utme Unilag Accounting examination.

View More Post Utme Unilag 2021 Accounting Questions More Post Utme Unilag Practice Questions Back to Questions

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