Post Utme Rsu 2020 Accounting Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Rsu Accounting examination.

Post Utme Rsu 2020 Accounting Objective / Multiple Choice
Question 33 POST_UTME_RSU • 2020 • ACCOUNTING • objective

A company has the following bank statement balance: ₦10,000 (Opening Balance) + ₦0,000 (Receipts) - ₦5,000 (Payments) = ₦05,000 (Closing Balance) However, the company's cash book shows a balance of ₦10,000. What is the reason for the discrepancy?

Answer Options

A. Bank interest
B. Bank charges
C. Forged cheque
Correct Answer D. Incorrect cash book posting
Correct Answer
D
Correct Option:
Incorrect cash book posting

About This Question

This is Post Utme Rsu 2020 Accounting Question 33. It is one of the objective questions from the 2020 Post Utme Rsu Accounting examination.

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