Post Utme Noun 2017 Accounting Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Noun Accounting examination.

Post Utme Noun 2017 Accounting Objective / Multiple Choice
Question 14 POST_UTME_NOUN • 2017 • ACCOUNTING • objective

A company's cash book shows a balance of ₦120,000. However, the bank statement shows a balance of ₦150,000. The difference is due to a discrepancy in the cash book. What is the most likely reason for this discrepancy?

Answer Options

A. The company has not recorded a deposit of ₦30,000.
Correct Answer B. The company has not recorded a withdrawal of ₦30,000.
C. The company has not recorded a bank charge of ₦30,000.
D. The company has not recorded a bank interest of ₦30,000.
Correct Answer
B
Correct Option:
The company has not recorded a withdrawal of ₦30,000.

About This Question

This is Post Utme Noun 2017 Accounting Question 14. It is one of the objective questions from the 2017 Post Utme Noun Accounting examination.

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