Post Utme Aaua 2023 Accounting Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Aaua Accounting examination.

Post Utme Aaua 2023 Accounting Objective / Multiple Choice
Question 18 POST_UTME_AAUA • 2023 • ACCOUNTING • objective

A company uses the self-balancing ledger system. The company's ledger shows a balance of ₦180,000. The company's bank statement shows a balance of ₦200,000. What is the correct explanation for the discrepancy?

Answer Options

Correct Answer A. The company has not yet recorded a deposit of ₦20,000.
B. The company has not yet recorded a withdrawal of ₦10,000.
C. The company has not yet recorded a bank charge of ₦5,000.
D. The company has not yet recorded a loan of ₦2,000.
Correct Answer
A
Correct Option:
The company has not yet recorded a deposit of ₦20,000.

About This Question

This is Post Utme Aaua 2023 Accounting Question 18. It is one of the objective questions from the 2023 Post Utme Aaua Accounting examination.

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