Post Utme Al Hikmah University 2020 Accounting Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2020 Accounting Objective / Multiple Choice

Question 39 POST_UTME_AL-HIKMAH_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's cash book shows a balance of ₦10,000. However, the bank statement shows a balance of ₦12,000. What is the likely cause of this discrepancy?

Answer Options

A. Error in recording a deposit

B. Error in recording a withdrawal

Correct Answer C. Error in preparing the bank reconciliation statement

D. Error in calculating the totals of the bank statement

Correct Answer

Correct Option:

Error in preparing the bank reconciliation statement

About This Question

This is Post Utme Al Hikmah University 2020 Accounting Question 39. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Accounting examination.

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