Post Utme Ui 2023 Accounting Question 2

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

Post Utme Ui 2023 Accounting Objective / Multiple Choice
Question 2 POST_UTME_UI • 2023 • ACCOUNTING • objective

A bank's cash book shows a balance of ₦250,000. However, the bank statement shows a balance of ₦280,000. What is the reason for the discrepancy?

Answer Options

A. The bank has made an error in its cash book
B. The bank has made an error in its bank statement
C. The bank has made a deposit of ₦30,000
Correct Answer D. The bank has made a withdrawal of ₦30,000
Correct Answer
D
Correct Option:
The bank has made a withdrawal of ₦30,000

About This Question

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

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