Post Utme Ksu 2025 Accounting Question 26

Practice objective / multiple choice question 26 from the 2025 Post Utme Ksu Accounting examination.

Post Utme Ksu 2025 Accounting Objective / Multiple Choice

Question 26 POST_UTME_KSU • 2025 • ACCOUNTING • objective

A company has a control account for its cash account. The control account shows a balance of ₦100,000. However, the cash book shows a balance of ₦120,000. What is the reason for the difference?

A. The company has outstanding checks that have not been cleared by the bank.

Correct Answer B. The company has deposited cash into the bank that has not been recorded in the cash book.

C. The company has written checks that have not been recorded in the cash book.

D. The bank has charged the company's account for bank fees.

Correct Answer

Correct Option:

The company has deposited cash into the bank that has not been recorded in the cash book.

This is Post Utme Ksu 2025 Accounting Question 26. It is one of the objective questions from the 2025 Post Utme Ksu Accounting examination.

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support