Post Utme Pan Atlantic University 2024 Accounting Question 36

Practice objective / multiple choice question 36 from the 2024 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2024 Accounting Objective / Multiple Choice
Question 36 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's bank statement shows a balance of ₦30,000, but the company's cash book shows a balance of ₦40,000. What is the reason for the discrepancy?

Answer Options

A. Bank error
B. Cash book error
Correct Answer C. Deposits in transit
D. Checks outstanding
Correct Answer
C
Correct Option:
Deposits in transit

About This Question

This is Post Utme Pan Atlantic University 2024 Accounting Question 36. It is one of the objective questions from the 2024 Post Utme Pan Atlantic University Accounting examination.

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