Post Utme Aaua 2021 Accounting Question 11
Practice objective / multiple choice question 11 from the 2021 Post Utme Aaua Accounting examination.
A company has a cash book and a bank statement. The cash book shows a balance of ₦125,000, while the bank statement shows a balance of ₦120,000. The bank statement also shows a credit of ₦5,000 for interest earned. What is the correct explanation for the difference between the cash book and bank statement balances?
Answer Options
About This Question
This is Post Utme Aaua 2021 Accounting Question 11. It is one of the objective questions from the 2021 Post Utme Aaua Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.