JAMB Accounting 2009 Objective — Question 37

Question 37 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2009 Objective paper, with the correct answer and a full explanation.

37. Which of the following is a common cause of a discrepancy between head office and branch trial balance?

A. Debtors and cash in transitCorrect
B. Creditors and cash in transit
C. stock and cash in transit
D. Stock and prepayments

Explanation

Debtors and cash/goods in transit between branch and head office commonly cause timing discrepancies in the trial balances.

Sign up free to unlock

Score tracking
Practice history
Saved questions
Progress dashboard
Personalized sessions
Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account

More questions from Accounting 2009 Objective More Accounting past papers