Post Utme Eksu 2024 Accounting Question 25

Practice objective / multiple choice question 25 from the 2024 Post Utme Eksu Accounting examination.

Post Utme Eksu 2024 Accounting Objective / Multiple Choice
Question 25 POST_UTME_EKSU • 2024 • ACCOUNTING • objective

A company's bank reconciliation statement shows the following discrepancies: Bank Statement Balance = ₦50,000, Cash Book Balance = ₦60,000. What is the reason for this discrepancy?

Answer Options

A. Bank error
Correct Answer B. Cash book error
C. Both bank and cash book errors
D. Neither bank nor cash book error
Correct Answer
B
Correct Option:
Cash book error

About This Question

This is Post Utme Eksu 2024 Accounting Question 25. It is one of the objective questions from the 2024 Post Utme Eksu Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support