Post Utme Christopher University 2021 Accounting Question 12

Practice objective / multiple choice question 12 from the 2021 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2021 Accounting Objective / Multiple Choice
Question 12 POST_UTME_CHRISTOPHER_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's trial balance showed a discrepancy of 1,000 between the debit and credit sides. The company's accountant suspected that the discrepancy was due to an error in the journal entry for the purchase of office equipment. The accountant prepared the following schedule to investigate the discrepancy:

Answer Options

Correct Answer A. The discrepancy is due to an error in the journal entry for the purchase of office equipment.
B. The discrepancy is due to an error in the journal entry for the sale of office equipment.
C. The discrepancy is due to an error in the journal entry for the purchase of office supplies.
D. The discrepancy is due to an error in the journal entry for the sale of office supplies.
Correct Answer
A
Correct Option:
The discrepancy is due to an error in the journal entry for the purchase of office equipment.

About This Question

This is Post Utme Christopher University 2021 Accounting Question 12. It is one of the objective questions from the 2021 Post Utme Christopher University Accounting examination.

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