Post Utme Afe Babalola University 2020 Accounting Question 27

Practice objective / multiple choice question 27 from the 2020 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2020 Accounting Objective / Multiple Choice
Question 27 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's trial balance shows a debit balance of ₦15,000 in the account 'Rent Received'. However, the company's accounting records show that it has not received any rent from its tenants. What is the most likely cause of this discrepancy?

Answer Options

Correct Answer A. Error in recording rent received
B. Error in recording rent paid
C. Error in preparing the trial balance
D. Error in accounting records
Correct Answer
A
Correct Option:
Error in recording rent received

About This Question

This is Post Utme Afe Babalola University 2020 Accounting Question 27. It is one of the objective questions from the 2020 Post Utme Afe Babalola University Accounting examination.

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