Post Utme Afe Babalola University 2018 Accounting Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2018 Accounting Objective / Multiple Choice

Question 25 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2018 • ACCOUNTING • objective

A firm's bank statement showed a balance of ₦50,000. However, the firm's cash book showed a balance of ₦75,000. What is the reason for this discrepancy?

Answer Options

A. Bank charges

B. Interest on bank balance

Correct Answer C. Cheques deposited but not yet credited

D. Cheques issued but not yet debited

Correct Answer

Correct Option:

Cheques deposited but not yet credited

About This Question

This is Post Utme Afe Babalola University 2018 Accounting Question 25. It is one of the objective questions from the 2018 Post Utme Afe Babalola University Accounting examination.

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