Post Utme Eksu 2020 Accounting Question 21

Practice objective / multiple choice question 21 from the 2020 Post Utme Eksu Accounting examination.

Post Utme Eksu 2020 Accounting Objective / Multiple Choice
Question 21 POST_UTME_EKSU • 2020 • ACCOUNTING • objective

A company's trial balance shows an error of \pm 1,500 in the account 'Rent Paid'. If the company's accounting period is 12 months, what is the effect of this error on the company's net income?

Answer Options

Correct Answer A. \pm 1,500
B. \pm 1,800
C. \pm 2,100
D. \pm 2,400
Correct Answer
A
Correct Option:
\pm 1,500

About This Question

This is Post Utme Eksu 2020 Accounting Question 21. It is one of the objective questions from the 2020 Post Utme Eksu Accounting examination.

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