Post Utme Unilag 2025 Accounting Question 12

Practice objective / multiple choice question 12 from the 2025 Post Utme Unilag Accounting examination.

Post Utme Unilag 2025 Accounting Objective / Multiple Choice
Question 12 POST_UTME_UNILAG • 2025 • ACCOUNTING • objective

A company prepares a trial balance that shows a total debit balance of ₦500,000 and a total credit balance of ₦600,000. What is the reason for the difference?

Answer Options

A. The company has not recorded a transaction.
B. The company has not recorded a journal entry.
C. The company has not recorded a ledger posting.
Correct Answer D. The company has not recorded a bank reconciliation.
Correct Answer
D
Correct Option:
The company has not recorded a bank reconciliation.

About This Question

This is Post Utme Unilag 2025 Accounting Question 12. It is one of the objective questions from the 2025 Post Utme Unilag Accounting examination.

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