JAMB Accounting 2020 Objective — Question 35

Question 35 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2020 Objective paper, with the correct answer and a full explanation.

35. One of the following is not the reason why the cash book and bank statement disagree

A. A. Dishonoured cheque
B. B. Unpresented cheque
C. C. Uncredited cheque
D. D. Honoured chequeCorrect

Explanation

An honoured cheque will not cause discrepancy between the cash book and the bank statement because both would have duly recorded it in corresponding effects.

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