Post Utme Unilorin 2023 Accounting Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2023 Accounting Objective / Multiple Choice
Question 23 POST_UTME_UNILORIN • 2023 • ACCOUNTING • objective

A company has the following transactions in its bank reconciliation statement: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Bank balance | | 10,000 | | 15 Jan | Cheque deposited | | 5,000 | | 20 Jan | Cheque issued | | 3,000 | | 25 Jan | Bank interest | | 2,000 | | 31 Jan | Bank balance | | 12,000 | What is the bank balance on 31 Jan?

Answer Options

Correct Answer A. ₦12,000
B. ₦13,000
C. ₦14,000
D. ₦15,000
Correct Answer
A
Correct Option:
₦12,000

About This Question

This is Post Utme Unilorin 2023 Accounting Question 23. It is one of the objective questions from the 2023 Post Utme Unilorin Accounting examination.

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