Post Utme Christopher University 2017 Accounting Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2017 Accounting Objective / Multiple Choice

Question 2 POST_UTME_CHRISTOPHER_UNIVERSITY • 2017 • ACCOUNTING • objective

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

Answer Options

Correct Answer A. Identify the error and correct it

B. Prepare a revised trial balance

C. Reconcile the discrepancy with the bank statement

D. Prepare a balance sheet

Correct Answer

Correct Option:

Identify the error and correct it

About This Question

This is Post Utme Christopher University 2017 Accounting Question 2. It is one of the objective questions from the 2017 Post Utme Christopher University Accounting examination.

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