Post Utme Caleb University 2023 Accounting Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2023 Accounting Objective / Multiple Choice
Question 2 POST_UTME_CALEB_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's trial balance shows a discrepancy of ₦1,500. What is the first step in correcting the error?

Answer Options

A. Reconcile the bank statement
B. Verify the journal entries
C. Reconcile the ledger accounts
Correct Answer D. Check for errors in the trial balance
Correct Answer
D
Correct Option:
Check for errors in the trial balance

About This Question

This is Post Utme Caleb University 2023 Accounting Question 2. It is one of the objective questions from the 2023 Post Utme Caleb University Accounting examination.

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