Post Utme Oau 2023 Accounting Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Oau Accounting examination.

Post Utme Oau 2023 Accounting Objective / Multiple Choice
Question 2 POST_UTME_OAU • 2023 • ACCOUNTING • objective

A company's cash book shows a balance of ₦150,000. However, the bank statement shows a balance of ₦180,000. What is the reason for the discrepancy?

Answer Options

A. Bank charges
B. Unrecorded cash sales
Correct Answer C. Unrecorded cash purchases
D. Bank interest
Correct Answer
C
Correct Option:
Unrecorded cash purchases

About This Question

This is Post Utme Oau 2023 Accounting Question 2. It is one of the objective questions from the 2023 Post Utme Oau Accounting examination.

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