Post Utme Unilorin 2022 Accounting Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2022 Accounting Objective / Multiple Choice
Question 33 POST_UTME_UNILORIN • 2022 • ACCOUNTING • objective

A company's bank reconciliation statement as of December 31, 2022, is shown below. Identify the error in the bank reconciliation.

Answer Options

A. The bank statement balance is 10,000, but the company's records show a balance of 15,000.
Correct Answer B. The bank statement balance is 15,000, but the company's records show a balance of 10,000.
C. The bank statement balance is 20,000, but the company's records show a balance of 25,000.
D. The bank statement balance is 25,000, but the company's records show a balance of 20,000.
Correct Answer
B
Correct Option:
The bank statement balance is 15,000, but the company's records show a balance of 10,000.

About This Question

This is Post Utme Unilorin 2022 Accounting Question 33. It is one of the objective questions from the 2022 Post Utme Unilorin Accounting examination.

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