Post Utme Delsu 2020 Accounting Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Delsu Accounting examination.

Post Utme Delsu 2020 Accounting Objective / Multiple Choice
Question 14 POST_UTME_DELSU • 2020 • ACCOUNTING • objective

A company's bank reconciliation statement shows a difference of ₦2,000 between the bank's statement and the company's cash book. The company's accountant has identified the following errors: (i) a deposit of ₦1,000 was not recorded in the cash book, and (ii) a cheque of ₦1,000 was recorded in the cash book but not in the bank's statement. What is the correct amount of the difference?

Answer Options

A. ₦1,000
B. ₦1,500
Correct Answer C. ₦2,000
D. ₦2,500
Correct Answer
C
Correct Option:
₦2,000

About This Question

This is Post Utme Delsu 2020 Accounting Question 14. It is one of the objective questions from the 2020 Post Utme Delsu Accounting examination.

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