Post Utme Lead City University 2018 Accounting Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2018 Accounting Objective / Multiple Choice
Question 8 POST_UTME_LEAD_CITY_UNIVERSITY • 2018 • ACCOUNTING • objective

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

Answer Options

A. Bank charges
B. Interest on overdraft
Correct Answer C. Cheques deposited but not yet credited
D. Cheques issued but not yet debited
Correct Answer
C
Correct Option:
Cheques deposited but not yet credited

About This Question

This is Post Utme Lead City University 2018 Accounting Question 8. It is one of the objective questions from the 2018 Post Utme Lead City University Accounting examination.

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