Post Utme Unilorin 2022 Accounting Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2022 Accounting Objective / Multiple Choice
Question 19 POST_UTME_UNILORIN • 2022 • ACCOUNTING • objective

A company's cash book for the year ended 31st December 2022 shows a cash balance of ₦500,000. The company's bank reconciliation statement for the year ended 31st December 2022 shows a discrepancy of ₦200,000. If the company's cash book balance is ₦700,000, calculate the company's bank balance.

Answer Options

A. ₦600,000
B. ₦700,000
Correct Answer C. ₦800,000
D. ₦900,000
Correct Answer
C
Correct Option:
₦800,000

About This Question

This is Post Utme Unilorin 2022 Accounting Question 19. It is one of the objective questions from the 2022 Post Utme Unilorin Accounting examination.

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