Post Utme Crawford University 2020 Accounting Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2020 Accounting Objective / Multiple Choice
Question 10 POST_UTME_CRAWFORD_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's balance sheet shows a decrease in cash of ₦50,000. The statement of cash flows shows a decrease in cash of ₦100,000. What is the correct reason for the difference?

Answer Options

A. Depreciation
B. Interest paid
Correct Answer C. Cheques deposited but not yet credited
D. Cheques issued but not yet debited
Correct Answer
C
Correct Option:
Cheques deposited but not yet credited

About This Question

This is Post Utme Crawford University 2020 Accounting Question 10. It is one of the objective questions from the 2020 Post Utme Crawford University Accounting examination.

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