Post Utme Unilag 2025 Accounting Question 8

Practice objective / multiple choice question 8 from the 2025 Post Utme Unilag Accounting examination.

Post Utme Unilag 2025 Accounting Objective / Multiple Choice
Question 8 POST_UTME_UNILAG • 2025 • ACCOUNTING • objective

A company uses the cash book to record all its financial transactions. The cash book shows a balance of ₦120,000. However, the bank statement shows a balance of ₦125,000. What is the reason for the difference?

Answer Options

A. The company has not recorded a deposit of ₦5,000.
Correct Answer B. The company has not recorded a withdrawal of ₦5,000.
C. The company has not recorded a bank charge of ₦5,000.
D. The company has not recorded a bank interest of ₦5,000.
Correct Answer
B
Correct Option:
The company has not recorded a withdrawal of ₦5,000.

About This Question

This is Post Utme Unilag 2025 Accounting Question 8. It is one of the objective questions from the 2025 Post Utme Unilag Accounting examination.

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