Post Utme Unn 2018 Accounting Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Unn Accounting examination.

Post Utme Unn 2018 Accounting Objective / Multiple Choice
Question 33 POST_UTME_UNN • 2018 • ACCOUNTING • objective

A company's cash book shows a debit balance of ₦20,000 in the cash account. However, the company's bank statement shows a credit balance of ₦15,000. What is the reason for this discrepancy?

Answer Options

A. Bank error
B. Cash book error
Correct Answer C. Both bank and cash book errors
D. Neither bank nor cash book errors
Correct Answer
C
Correct Option:
Both bank and cash book errors

About This Question

This is Post Utme Unn 2018 Accounting Question 33. It is one of the objective questions from the 2018 Post Utme Unn Accounting examination.

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