Post Utme Bells University 2024 Accounting Question 17

Practice objective / multiple choice question 17 from the 2024 Post Utme Bells University Accounting examination.

Post Utme Bells University 2024 Accounting Objective / Multiple Choice
Question 17 POST_UTME_BELLS_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's cash book shows a balance of ₦150,000. However, the bank statement shows a balance of ₦180,000. What is the reason for the discrepancy?

Answer Options

A. Bank charges
B. Cheque returned unpaid
Correct Answer C. Deposit in transit
D. Outstanding cheque
Correct Answer
C
Correct Option:
Deposit in transit

About This Question

This is Post Utme Bells University 2024 Accounting Question 17. It is one of the objective questions from the 2024 Post Utme Bells University Accounting examination.

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