Post Utme Lautech 2018 Accounting Question 40

Practice objective / multiple choice question 40 from the 2018 Post Utme Lautech Accounting examination.

Post Utme Lautech 2018 Accounting Objective / Multiple Choice
Question 40 POST_UTME_LAUTECH • 2018 • ACCOUNTING • objective

A company's cash book shows a balance of ₦150,000. The company's bank statement shows a balance of ₦180,000. What is the reason for the difference?

Answer Options

A. The company has deposited cash into the bank
B. The company has withdrawn cash from the bank
Correct Answer C. The company has made an error in the cash book
D. The bank has made an error in the statement
Correct Answer
C
Correct Option:
The company has made an error in the cash book

About This Question

This is Post Utme Lautech 2018 Accounting Question 40. It is one of the objective questions from the 2018 Post Utme Lautech Accounting examination.

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