Post Utme Ims U 2018 Accounting Question 11

Practice objective / multiple choice question 11 from the 2018 Post Utme Ims U Accounting examination.

Post Utme Ims U 2018 Accounting Objective / Multiple Choice
Question 11 POST_UTME_IMS_U • 2018 • ACCOUNTING • objective

A company maintains a cash book and a general ledger. The cash book shows a balance of ₦120,000, while the general ledger shows a balance of ₦130,000. The bank statement shows a balance of ₦110,000. What is the cause of the discrepancy?

Answer Options

Correct Answer A. The company has not recorded a deposit of ₦10,000.
B. The company has not recorded a withdrawal of ₦20,000.
C. The company has not recorded a sale of ₦30,000.
D. The company has not recorded a purchase of ₦40,000.
Correct Answer
A
Correct Option:
The company has not recorded a deposit of ₦10,000.

About This Question

This is Post Utme Ims U 2018 Accounting Question 11. It is one of the objective questions from the 2018 Post Utme Ims U Accounting examination.

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