Post Utme Afe Babalola University 2018 Accounting Question 22
Practice objective / multiple choice question 22 from the 2018 Post Utme Afe Babalola University Accounting examination.
A firm's trial balance showed a debit balance of ₦50,000 in the account 'Rent Received'. The correct balance should be a credit of ₦50,000. What is the effect of this error on the accounting equation?
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About This Question
This is Post Utme Afe Babalola University 2018 Accounting Question 22. It is one of the objective questions from the 2018 Post Utme Afe Babalola University Accounting examination.
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