Post Utme Aaua 2023 Accounting Question 12

Practice objective / multiple choice question 12 from the 2023 Post Utme Aaua Accounting examination.

Post Utme Aaua 2023 Accounting Objective / Multiple Choice
Question 12 POST_UTME_AAUA • 2023 • ACCOUNTING • objective

A company's cash book shows a balance of ₦500,000. The bank statement shows a balance of ₦550,000. The difference is due to a bank error. If the company's cash book balance is ₦50,000 less than the bank statement balance, what is the bank error?

Answer Options

A. ₦25,000
Correct Answer B. ₦50,000
C. ₦75,000
D. ₦100,000
Correct Answer
B
Correct Option:
₦50,000

About This Question

This is Post Utme Aaua 2023 Accounting Question 12. It is one of the objective questions from the 2023 Post Utme Aaua Accounting examination.

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