Post Utme Christopher University 2018 Accounting Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2018 Accounting Objective / Multiple Choice
Question 27 POST_UTME_CHRISTOPHER_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's cash book shows a balance of ₦250,000. However, the bank statement shows a balance of ₦280,000. What is the reason for the discrepancy?

Answer Options

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

About This Question

This is Post Utme Christopher University 2018 Accounting Question 27. It is one of the objective questions from the 2018 Post Utme Christopher University Accounting examination.

View More Post Utme Christopher University 2018 Accounting Questions More Post Utme Christopher University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support