Post Utme Veritas University 2020 Accounting Question 4
Practice objective / multiple choice question 4 from the 2020 Post Utme Veritas University Accounting examination.
A company has the following transactions in its bank reconciliation statement: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Bank balance | ₦100,000 | | | 15 Jan | Cheque deposited | | ₦50,000 | | 20 Jan | Bank interest | ₦5,000 | | | 25 Jan | Cheque issued | ₦150,000 | | What is the bank balance at the end of January?
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About This Question
This is Post Utme Veritas University 2020 Accounting Question 4. It is one of the objective questions from the 2020 Post Utme Veritas University Accounting examination.
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