Post Utme Uniben 2019 Accounting Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Uniben Accounting examination.

Post Utme Uniben 2019 Accounting Objective / Multiple Choice
Question 14 POST_UTME_UNIBEN • 2019 • ACCOUNTING • objective

A business has a self-balancing ledger for its cash. The ledger shows a balance of 25,000. What is the reason for the balance?

Answer Options

A. Bank's error
B. Business's error
C. NSF cheque
Correct Answer D. Interest on overdraft
Correct Answer
D
Correct Option:
Interest on overdraft

About This Question

This is Post Utme Uniben 2019 Accounting Question 14. It is one of the objective questions from the 2019 Post Utme Uniben Accounting examination.

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