Post Utme Crawford University 2025 Accounting Question 19

Practice objective / multiple choice question 19 from the 2025 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2025 Accounting Objective / Multiple Choice
Question 19 POST_UTME_CRAWFORD_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's trial balance as at 31st December 2024 is as follows: Debit £ 10,000 £ 20,000 £ 30,000 £ 40,000 £ 50,000 £ 60,000 £ 70,000 £ 80,000 £ 90,000 £ 100,000 Credit £ 10,000 £ 20,000 £ 30,000 £ 40,000 £ 50,000 £ 60,000 £ 70,000 £ 80,000 £ 90,000 £ 100,000 Identify the error in the trial balance.

Answer Options

A. The debit and credit balances are equal.
B. The debit balances are greater than the credit balances.
Correct Answer C. The credit balances are greater than the debit balances.
D. The trial balance is not balanced.
Correct Answer
C
Correct Option:
The credit balances are greater than the debit balances.

About This Question

This is Post Utme Crawford University 2025 Accounting Question 19. It is one of the objective questions from the 2025 Post Utme Crawford University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support