Post Utme Delsu 2021 Accounting Question 22

Practice objective / multiple choice question 22 from the 2021 Post Utme Delsu Accounting examination.

Post Utme Delsu 2021 Accounting Objective / Multiple Choice
Question 22 POST_UTME_DELSU • 2021 • ACCOUNTING • objective
Post Utme Delsu 2021 Accounting Question 22 diagram

A company's cash book shows a balance of ₦15,000. The company's bank statement shows a balance of ₦18,000. The bank reconciliation statement shows a difference of ₦3,000 between the cash book balance and the bank statement balance. What is the reason for the difference?

Answer Options

A. The cash book balance is incorrect.
B. The bank statement balance is incorrect.
Correct Answer C. There is a difference between the cash book balance and the bank statement balance.
D. The bank reconciliation statement is incorrect.
Correct Answer
C
Correct Option:
There is a difference between the cash book balance and the bank statement balance.

About This Question

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

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