Post Utme Afe Babalola University 2023 Accounting Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2023 Accounting Objective / Multiple Choice
Question 24 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has the following trial balance: Debit: ₦100,000; Credit: ₦120,000. What is the cause of the discrepancy?

Answer Options

A. Error in recording transactions.
B. Error in posting transactions.
C. Error in balancing the accounts.
Correct Answer D. Error in preparing the trial balance.
Correct Answer
D
Correct Option:
Error in preparing the trial balance.

About This Question

This is Post Utme Afe Babalola University 2023 Accounting Question 24. It is one of the objective questions from the 2023 Post Utme Afe Babalola University Accounting examination.

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