Post Utme Babcock University 2021 Accounting Question 11

Practice objective / multiple choice question 11 from the 2021 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2021 Accounting Objective / Multiple Choice
Question 11 POST_UTME_BABCOCK_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. The difference is due to a discrepancy in the cash book. What is the most likely reason for this discrepancy?

Answer Options

Correct Answer A. The company has not recorded a deposit of ₦30,000.
B. The company has not recorded a withdrawal of ₦30,000.
C. The company has not recorded a bank charge of ₦30,000.
D. The company has not recorded a loan of ₦30,000.
Correct Answer
A
Correct Option:
The company has not recorded a deposit of ₦30,000.

About This Question

This is Post Utme Babcock University 2021 Accounting Question 11. It is one of the objective questions from the 2021 Post Utme Babcock University Accounting examination.

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