Post Utme Covenant University 2019 Accounting Question 28

Practice objective / multiple choice question 28 from the 2019 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2019 Accounting Objective / Multiple Choice
Question 28 POST_UTME_COVENANT_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's trial balance shows a discrepancy of ₦5,000. What is the correct procedure to rectify the discrepancy?

Answer Options

A. Prepare a revised trial balance
Correct Answer B. Adjust the ledger accounts
C. Reconcile the bank statement
D. Revalue the assets
Correct Answer
B
Correct Option:
Adjust the ledger accounts

About This Question

This is Post Utme Covenant University 2019 Accounting Question 28. It is one of the objective questions from the 2019 Post Utme Covenant University Accounting examination.

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