Post Utme Lautech 2023 Accounting Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Lautech Accounting examination.

Post Utme Lautech 2023 Accounting Objective / Multiple Choice
Question 18 POST_UTME_LAUTECH • 2023 • ACCOUNTING • objective

A company's bank reconciliation statement shows the following discrepancies: 500 in unrecorded deposits and 200 in unrecorded checks. What is the net effect of these discrepancies on the company's cash balance?

Answer Options

Correct Answer A. ₦300
B. ₦400
C. ₦500
D. ₦600
Correct Answer
A
Correct Option:
₦300

About This Question

This is Post Utme Lautech 2023 Accounting Question 18. It is one of the objective questions from the 2023 Post Utme Lautech Accounting examination.

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