Post Utme Unilag 2021 Accounting Question 3

Practice objective / multiple choice question 3 from the 2021 Post Utme Unilag Accounting examination.

Post Utme Unilag 2021 Accounting Objective / Multiple Choice

Question 3 POST_UTME_UNILAG • 2021 • ACCOUNTING • objective

A company's cash book shows a balance of ₠ 15,000. However, the bank statement shows a balance of ₠ 20,000. What is the reason for the discrepancy?

Answer Options

Correct Answer A. Cheques issued but not yet presented

B. Cheques deposited but not yet credited

C. Bank charges not yet debited

D. Error in cash book

Correct Answer

Correct Option:

Cheques issued but not yet presented

About This Question

This is Post Utme Unilag 2021 Accounting Question 3. It is one of the objective questions from the 2021 Post Utme Unilag Accounting examination.

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