Post Utme Rsu 2024 Accounting Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Rsu Accounting examination.

Post Utme Rsu 2024 Accounting Objective / Multiple Choice
Question 10 POST_UTME_RSU • 2024 • ACCOUNTING • objective

A company's cash book shows a balance of ₦50,000. However, the bank statement shows a balance of ₦60,000. What is the reason for the discrepancy?

Answer Options

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

About This Question

This is Post Utme Rsu 2024 Accounting Question 10. It is one of the objective questions from the 2024 Post Utme Rsu Accounting examination.

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