Post Utme Veritas University 2024 Accounting Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2024 Accounting Objective / Multiple Choice
Question 10 POST_UTME_VERITAS_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has the following bank reconciliation statement: Bank Balance: ₦50,000 Cheques Outstanding: ₦20,000 Deposits in Transit: ₦15,000 What is the correct bank balance?

Answer Options

A. ₦45,000
B. ₦50,000
Correct Answer C. ₦55,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦55,000

About This Question

This is Post Utme Veritas University 2024 Accounting Question 10. It is one of the objective questions from the 2024 Post Utme Veritas University Accounting examination.

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