Post Utme Unilorin 2024 Accounting Question 5
Practice objective / multiple choice question 5 from the 2024 Post Utme Unilorin Accounting examination.
A company has the following bank reconciliation statement as at December 31, 2024: | Date | Bank Balance | Cash Balance | Adjustments | | --- | --- | --- | --- | | January 1, 2024 | ₦100,000 | ₦150,000 | | | February 28, 2024 | ₦120,000 | ₦180,000 | | | March 31, 2024 | ₦140,000 | ₦200,000 | | | April 30, 2024 | ₦160,000 | ₦220,000 | | | May 31, 2024 | ₦180,000 | ₦240,000 | | | June 30, 2024 | ₦200,000 | ₦260,000 | | | July 31, 2024 | ₦220,000 | ₦280,000 | | | August 31, 2024 | ₦240,000 | ₦300,000 | | | September 30, 2024 | ₦260,000 | ₦320,000 | | | October 31, 2024 | ₦280,000 | ₦340,000 | | | November 30, 2024 | ₦300,000 | ₦360,000 | | | December 31, 2024 | ₦320,000 | ₦380,000 | | What is the correct bank balance as at December 31, 2024?
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About This Question
This is Post Utme Unilorin 2024 Accounting Question 5. It is one of the objective questions from the 2024 Post Utme Unilorin Accounting examination.
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