Post Utme Uniport 2017 Accounting Question 7

Practice objective / multiple choice question 7 from the 2017 Post Utme Uniport Accounting examination.

Post Utme Uniport 2017 Accounting Objective / Multiple Choice
Question 7 POST_UTME_UNIPORT • 2017 • ACCOUNTING • objective

A company's bank statement shows a balance of £,500, but the company's cash book shows a balance of £,800. The bank statement also shows a debit of £,200 for 'Cheques returned unpaid'. Prepare the necessary bank reconciliation statement.

Answer Options

Correct Answer A. £,500 (Bank Statement) + £,200 (Cheques returned unpaid) = £,700
B. £,800 (Cash Book) - £,200 (Cheques returned unpaid) = £,600
C. £,500 (Bank Statement) - £,200 (Cheques returned unpaid) = £,300
D. £,800 (Cash Book) + £,200 (Cheques returned unpaid) = £,1,000
Correct Answer
A
Correct Option:
£,500 (Bank Statement) + £,200 (Cheques returned unpaid) = £,700

About This Question

This is Post Utme Uniport 2017 Accounting Question 7. It is one of the objective questions from the 2017 Post Utme Uniport Accounting examination.

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