Post Utme Wellspring University 2025 Accounting Question 35

Practice objective / multiple choice question 35 from the 2025 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2025 Accounting Objective / Multiple Choice
Question 35 POST_UTME_WELLSPRING_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's cash book shows a balance of ₦300,000. However, the bank statement shows a balance of ₦280,000. What is the reason for the difference?

Answer Options

A. Bank charges
B. Interest earned
C. Deposits in transit
Correct Answer D. Cheques issued but not yet presented
Correct Answer
D
Correct Option:
Cheques issued but not yet presented

About This Question

This is Post Utme Wellspring University 2025 Accounting Question 35. It is one of the objective questions from the 2025 Post Utme Wellspring University Accounting examination.

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