Post Utme Pan Atlantic University 2019 Accounting Question 26

Practice objective / multiple choice question 26 from the 2019 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2019 Accounting Objective / Multiple Choice
Question 26 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's cash book shows a debit balance of ₦15,000. The bank statement shows a credit balance of ₦20,000. The difference between the two balances is due to a

Answer Options

A. ₦5,000 paid into the bank by a customer
Correct Answer B. ₦5,000 withdrawn from the bank by the company
C. ₦5,000 deposited into the bank by the company
D. ₦5,000 withdrawn from the bank by a customer
Correct Answer
B
Correct Option:
₦5,000 withdrawn from the bank by the company

About This Question

This is Post Utme Pan Atlantic University 2019 Accounting Question 26. It is one of the objective questions from the 2019 Post Utme Pan Atlantic University Accounting examination.

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