Post Utme Bells University 2024 Accounting Question 31
Practice objective / multiple choice question 31 from the 2024 Post Utme Bells University Accounting examination.
A company's trial balance shows a discrepancy of ₦1,500 between the debit and credit sides. The company's accountant has identified the following errors: (i) an item of ₦2,000 was posted twice on the debit side, (ii) an item of ₦1,500 was posted twice on the credit side, and (iii) an item of ₦500 was posted on the wrong side. What is the correct amount of the discrepancy?
Answer Options
About This Question
This is Post Utme Bells University 2024 Accounting Question 31. It is one of the objective questions from the 2024 Post Utme Bells University Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.