Post Utme Unn 2023 Accounting Question 40

Practice objective / multiple choice question 40 from the 2023 Post Utme Unn Accounting examination.

Post Utme Unn 2023 Accounting Objective / Multiple Choice
Question 40 POST_UTME_UNN • 2023 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1st Jan | Cash | ₦10,000 | | | 2nd Jan | Bank | | ₦8,000 | | 3rd Jan | Cash | | ₦12,000 | What is the correct bank reconciliation statement?

Answer Options

A. Bank Balance ₦8,000, Cash Balance ₦22,000
B. Bank Balance ₦16,000, Cash Balance ₦10,000
Correct Answer C. Bank Balance ₦8,000, Cash Balance ₦10,000
D. Bank Balance ₦16,000, Cash Balance ₦22,000
Correct Answer
C
Correct Option:
Bank Balance ₦8,000, Cash Balance ₦10,000

About This Question

This is Post Utme Unn 2023 Accounting Question 40. It is one of the objective questions from the 2023 Post Utme Unn Accounting examination.

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