Post Utme Joseph Ayo Babalola University 2021 Accounting Question 9

Practice objective / multiple choice question 9 from the 2021 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2021 Accounting Objective / Multiple Choice
Question 9 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2021 • ACCOUNTING • objective

A bank reconciliation statement shows a difference of ₦5,000 between the cash book balance and the bank statement balance. What is the reason for this difference?

Answer Options

A. Bank error
B. Cash book error
Correct Answer C. Cheque not yet cleared
D. Deposit not yet credited
Correct Answer
C
Correct Option:
Cheque not yet cleared

About This Question

This is Post Utme Joseph Ayo Babalola University 2021 Accounting Question 9. It is one of the objective questions from the 2021 Post Utme Joseph Ayo Babalola University Accounting examination.

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