Post Utme Noun 2022 Accounting Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Noun Accounting examination.

Post Utme Noun 2022 Accounting Objective / Multiple Choice
Question 10 POST_UTME_NOUN • 2022 • ACCOUNTING • objective

A company's cash book shows a balance of ₦15,000. However, the bank statement shows a balance of ₦20,000. What is the reason for the discrepancy?

Answer Options

A. Bank charges
B. Interest earned
Correct Answer C. Unrecorded cash transactions
D. Error in bank statement
Correct Answer
C
Correct Option:
Unrecorded cash transactions

About This Question

This is Post Utme Noun 2022 Accounting Question 10. It is one of the objective questions from the 2022 Post Utme Noun Accounting examination.

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