Post Utme Crawford University 2020 Accounting Question 9

Practice objective / multiple choice question 9 from the 2020 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2020 Accounting Objective / Multiple Choice
Question 9 POST_UTME_CRAWFORD_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's cash book shows a balance of ₦200,000. The bank statement shows a balance of ₦250,000. What is the correct reason for the difference?

Answer Options

A. Bank charges
B. Interest earned
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 9. It is one of the objective questions from the 2020 Post Utme Crawford University Accounting examination.

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