Post Utme Veritas University 2018 Accounting Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2018 Accounting Objective / Multiple Choice
Question 27 POST_UTME_VERITAS_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's cash book shows a balance of ₦15,000. The bank statement shows a balance of ₦18,000. The difference is due to:

Answer Options

A. Cheques deposited but not yet credited
Correct Answer B. Cheques issued but not yet debited
C. Bank charges
D. Interest on bank balance
Correct Answer
B
Correct Option:
Cheques issued but not yet debited

About This Question

This is Post Utme Veritas University 2018 Accounting Question 27. It is one of the objective questions from the 2018 Post Utme Veritas University Accounting examination.

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