Post Utme Igbinedion University 2020 Accounting Question 19
Practice objective / multiple choice question 19 from the 2020 Post Utme Igbinedion University Accounting examination.
A company has the following bank reconciliation statement: | Date | Bank Balance | Cash Balance | Difference | | --- | --- | --- | --- | | 1st | ₦100,000 | ₦120,000 | ₦20,000 | | 5th | ₦80,000 | ₦100,000 | ₦20,000 | | 10th | ₦60,000 | ₦80,000 | ₦20,000 | What is the reason for the difference between the bank balance and the cash balance?
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About This Question
This is Post Utme Igbinedion University 2020 Accounting Question 19. It is one of the objective questions from the 2020 Post Utme Igbinedion University Accounting examination.
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