Post Utme Bsu 2023 Accounting Question 38

Practice objective / multiple choice question 38 from the 2023 Post Utme Bsu Accounting examination.

Post Utme Bsu 2023 Accounting Objective / Multiple Choice
Question 38 POST_UTME_BSU • 2023 • ACCOUNTING • objective

A company's cash book shows a debit balance of ₦15,000. However, the bank statement shows a credit balance of ₦20,000. What is the reason for the discrepancy?

Answer Options

A. Bank charges
Correct Answer B. Unrecorded cash sales
C. Unrecorded cash purchases
D. Bank interest
Correct Answer
B
Correct Option:
Unrecorded cash sales

About This Question

This is Post Utme Bsu 2023 Accounting Question 38. It is one of the objective questions from the 2023 Post Utme Bsu Accounting examination.

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