Post Utme Unilorin 2022 Accounting Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2022 Accounting Objective / Multiple Choice
Question 39 POST_UTME_UNILORIN • 2022 • ACCOUNTING • objective
Post Utme Unilorin 2022 Accounting Question 39 diagram

A company's bank reconciliation statement shows the following discrepancies:

Answer Options

Correct Answer A. The company has a bank overdraft of ₦10,000.
B. The company has a cash credit of ₦10,000.
C. The company has a bank loan of ₦10,000.
D. The company has a cash debit of ₦10,000.
Correct Answer
A
Correct Option:
The company has a bank overdraft of ₦10,000.

About This Question

This is Post Utme Unilorin 2022 Accounting Question 39. It is one of the objective questions from the 2022 Post Utme Unilorin Accounting examination.

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