Post Utme Wellspring University 2022 Accounting Question 31

Practice objective / multiple choice question 31 from the 2022 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2022 Accounting Objective / Multiple Choice
Question 31 POST_UTME_WELLSPRING_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's bank reconciliation statement shows the following: Bank balance ₦50,000, Deposits in transit ₦10,000, and Outstanding checks ₦20,000. What is the adjusted bank balance?

Answer Options

Correct Answer A. ₦60,000
B. ₦70,000
C. ₦80,000
D. ₦90,000
Correct Answer
A
Correct Option:
₦60,000

About This Question

This is Post Utme Wellspring University 2022 Accounting Question 31. It is one of the objective questions from the 2022 Post Utme Wellspring University Accounting examination.

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