Post Utme Ims U 2018 Accounting Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Ims U Accounting examination.

Post Utme Ims U 2018 Accounting Objective / Multiple Choice
Question 33 POST_UTME_IMS_U • 2018 • ACCOUNTING • objective

A company's cash book shows a balance of ₦150,000. However, the bank statement shows a balance of ₦120,000. What is the reason for the discrepancy?

Answer Options

A. The company has not recorded a deposit of ₦30,000.
Correct Answer B. The company has not recorded a withdrawal of ₦30,000.
C. The bank has charged a service fee of ₦30,000.
D. The company has not recorded a loan of ₦30,000.
Correct Answer
B
Correct Option:
The company has not recorded a withdrawal of ₦30,000.

About This Question

This is Post Utme Ims U 2018 Accounting Question 33. It is one of the objective questions from the 2018 Post Utme Ims U Accounting examination.

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