Post Utme Nile University 2021 Accounting Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Nile University Accounting examination.

Post Utme Nile University 2021 Accounting Objective / Multiple Choice

Question 36 POST_UTME_NILE_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's control account shows a balance of ₦100,000. However, the company's ledger account shows a balance of ₦120,000. What is the reason for the discrepancy?

Answer Options

A. The company has made an error in its control account

Correct Answer B. The company has made an error in its ledger account

C. The company has made an error in its cash book

D. The company has made an error in its bank reconciliation statement

Correct Answer

Correct Option:

The company has made an error in its ledger account

About This Question

This is Post Utme Nile University 2021 Accounting Question 36. It is one of the objective questions from the 2021 Post Utme Nile University Accounting examination.

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