Post Utme Afe Babalola University 2022 Accounting Question 1

Practice objective / multiple choice question 1 from the 2022 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2022 Accounting Objective / Multiple Choice
Question 1 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's cash book shows a balance of ₦120,000. However, the bank statement shows a balance of ₦130,000. The difference can be attributed to the following reasons: A) Bank charges of ₦5,000, B) Unpresented cheques of ₦10,000, C) Cash deposited in error of ₦5,000, D) Uncredited deposit of ₦10,000.

Answer Options

A. ₦5,000
Correct Answer B. ₦10,000
C. ₦5,000
D. ₦10,000
Correct Answer
B
Correct Option:
₦10,000

About This Question

This is Post Utme Afe Babalola University 2022 Accounting Question 1. It is one of the objective questions from the 2022 Post Utme Afe Babalola University Accounting examination.

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