Post Utme Eksu 2019 Accounting Question 38

Practice objective / multiple choice question 38 from the 2019 Post Utme Eksu Accounting examination.

Post Utme Eksu 2019 Accounting Objective / Multiple Choice
Question 38 POST_UTME_EKSU • 2019 • ACCOUNTING • objective

A company maintains a cash book and a general ledger. The cash book shows a balance of ₦50,000, while the general ledger shows a balance of ₦60,000. What is the reason for the difference?

Answer Options

A. The cash book is not up-to-date
B. The general ledger is not up-to-date
Correct Answer C. There is a discrepancy in the accounting records
D. The company has not made any transactions
Correct Answer
C
Correct Option:
There is a discrepancy in the accounting records

About This Question

This is Post Utme Eksu 2019 Accounting Question 38. It is one of the objective questions from the 2019 Post Utme Eksu Accounting examination.

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