Post Utme Bowen University 2017 Accounting Question 21

Practice objective / multiple choice question 21 from the 2017 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2017 Accounting Objective / Multiple Choice
Question 21 POST_UTME_BOWEN_UNIVERSITY • 2017 • ACCOUNTING • objective

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

Answer Options

A. The company has deposited cash into the bank.
Correct Answer B. The company has written a check that has not yet been presented to the bank.
C. The company has received a credit from a customer.
D. The company has made a payment to a supplier.
Correct Answer
B
Correct Option:
The company has written a check that has not yet been presented to the bank.

About This Question

This is Post Utme Bowen University 2017 Accounting Question 21. It is one of the objective questions from the 2017 Post Utme Bowen University Accounting examination.

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