Post Utme Coal City University 2021 Accounting Question 22

Practice objective / multiple choice question 22 from the 2021 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2021 Accounting Objective / Multiple Choice
Question 22 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • ACCOUNTING • objective

A government agency is responsible for collecting taxes on behalf of the state. The agency's cash book shows a balance of ₦1,500,000. The bank statement shows a balance of ₦1,800,000. The difference is due to a bank error. Calculate the amount of the bank error.

Answer Options

Correct Answer A. ₦300,000
B. ₦200,000
C. ₦100,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Coal City University 2021 Accounting Question 22. It is one of the objective questions from the 2021 Post Utme Coal City University Accounting examination.

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