Post Utme Unilorin 2018 Accounting Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2018 Accounting Objective / Multiple Choice
Question 33 POST_UTME_UNILORIN • 2018 • ACCOUNTING • objective

A company has the following transactions in its bank reconciliation statement: 1. Bank balance as per bank statement: ₦150,000 2. Cash in hand: ₦20,000 3. Cheques issued but not yet presented for payment: ₦30,000 4. Cheques deposited but not yet cleared: ₦40,000 What is the bank balance as per the company's books?

Answer Options

A. ₦140,000
Correct Answer B. ₦150,000
C. ₦160,000
D. ₦170,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Unilorin 2018 Accounting Question 33. It is one of the objective questions from the 2018 Post Utme Unilorin Accounting examination.

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