Post Utme Abu 2025 Accounting Question 3

Practice objective / multiple choice question 3 from the 2025 Post Utme Abu Accounting examination.

Post Utme Abu 2025 Accounting Objective / Multiple Choice
Question 3 POST_UTME_ABU • 2025 • ACCOUNTING • objective

A company's bank reconciliation statement shows a difference of ₦10,000 between the company's cash book balance and the bank's statement balance. The company's cash book balance is ₦120,000, and the bank's statement balance is ₦130,000. What is the reason for the difference?

Answer Options

A. Bank error
B. Company error
Correct Answer C. Bank error
D. Company error
Correct Answer
C
Correct Option:
Bank error

About This Question

This is Post Utme Abu 2025 Accounting Question 3. It is one of the objective questions from the 2025 Post Utme Abu Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support