Post Utme Unilorin 2023 Accounting Question 12

Practice objective / multiple choice question 12 from the 2023 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2023 Accounting Objective / Multiple Choice
Question 12 POST_UTME_UNILORIN • 2023 • ACCOUNTING • objective

A company has the following transactions related to its cash account: January 1: Cash balance ₦10,000 January 10: Cash sales ₦5,000 January 15: Cash purchase ₦2,000 January 20: Bank deposit ₦3,000 January 25: Cash withdrawal ₦1,000 Prepare a bank reconciliation statement as of January 31.

Answer Options

A. ₦12,000
B. ₦14,000
Correct Answer C. ₦16,000
D. ₦18,000
Correct Answer
C
Correct Option:
₦16,000

About This Question

This is Post Utme Unilorin 2023 Accounting Question 12. It is one of the objective questions from the 2023 Post Utme Unilorin Accounting examination.

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