Post Utme Igbinedion University 2025 Accounting Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2025 Accounting Objective / Multiple Choice
Question 34 POST_UTME_IGBINEDION_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's cash book shows a balance of ₦25,000. However, the bank statement shows a balance of ₦30,000. The difference of ₦5,000 is due to _______.

Answer Options

A. Bank charges
B. Interest earned
Correct Answer C. Cheques deposited but not yet credited
D. Cheques issued but not yet debited
Correct Answer
C
Correct Option:
Cheques deposited but not yet credited

About This Question

This is Post Utme Igbinedion University 2025 Accounting Question 34. It is one of the objective questions from the 2025 Post Utme Igbinedion University Accounting examination.

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