Post Utme Al Hikmah University 2021 Accounting Question 1

Practice objective / multiple choice question 1 from the 2021 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2021 Accounting Objective / Multiple Choice
Question 1 POST_UTME_AL-HIKMAH_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's cash book shows a balance of ₦150,000. However, the bank statement shows a balance of ₦120,000. What is the reason for the discrepancy?

Answer Options

A. Bank charges
B. Unrecorded cash sales
C. Unrecorded cash purchases
Correct Answer D. Cheque returned unpaid
Correct Answer
D
Correct Option:
Cheque returned unpaid

About This Question

This is Post Utme Al Hikmah University 2021 Accounting Question 1. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Accounting examination.

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