AdmitMe
Accounts (Principles of Accounts) · Bank reconciliation statements

Accounts (Principles of Accounts)Bank reconciliation statementsJAMB

The bank statement shows ₦60,000 in hand. Unpresented cheques total ₦15,000 and uncredited lodgements ₦9,000. What should the cash book show?

Show answer

Answer: A. ₦54,000

60,000 − 15,000 + 9,000 = ₦54,000.

An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.

Practise Bank reconciliation statementsA timed set on this topic, freeAsk the AI TutorExplain it another way

Discussion

Ask about a step, share a shortcut, or explain it your way. Be kind; no links.

No comments yet. Be the first to explain it.

More Bank reconciliation statements questions