Post Utme Abu 2017 Accounting Question 24
Practice objective / multiple choice question 24 from the 2017 Post Utme Abu Accounting examination.
A company prepares its trial balance on December 31. The trial balance shows a total debit balance of ₦400,000 and a total credit balance of ₦450,000. The company's accountant has identified an error in the trial balance, which has resulted in an overstatement of assets by ₦20,000. What is the correct total assets of the company on December 31?
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About This Question
This is Post Utme Abu 2017 Accounting Question 24. It is one of the objective questions from the 2017 Post Utme Abu Accounting examination.
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