Post Utme Christopher University 2019 Accounting Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2019 Accounting Objective / Multiple Choice
Question 15 POST_UTME_CHRISTOPHER_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has a ledger account with a debit balance of ₦20,000. The cash book account has a credit balance of ₦15,000. What is the reason for the difference?

Answer Options

A. Bank charges
B. Interest on overdraft
C. Unrecorded cash sales
Correct Answer D. Unrecorded cash purchases
Correct Answer
D
Correct Option:
Unrecorded cash purchases

About This Question

This is Post Utme Christopher University 2019 Accounting Question 15. It is one of the objective questions from the 2019 Post Utme Christopher University Accounting examination.

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