Post Utme Christopher University 2021 Accounting Question 6
Practice objective / multiple choice question 6 from the 2021 Post Utme Christopher 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 ₦3,000 was posted on the wrong side. Calculate the correct net balance of the trial balance.
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About This Question
This is Post Utme Christopher University 2021 Accounting Question 6. It is one of the objective questions from the 2021 Post Utme Christopher University Accounting examination.
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