Post Utme Eksu 2020 Accounting Question 25

Practice objective / multiple choice question 25 from the 2020 Post Utme Eksu Accounting examination.

Post Utme Eksu 2020 Accounting Objective / Multiple Choice
Question 25 POST_UTME_EKSU • 2020 • ACCOUNTING • objective

A company's trial balance shows an error of \pm 1,000 in the account 'Salaries 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 1,000
B. \pm 1,200
C. \pm 1,400
D. \pm 1,600
Correct Answer
A
Correct Option:
\pm 1,000

About This Question

This is Post Utme Eksu 2020 Accounting Question 25. It is one of the objective questions from the 2020 Post Utme Eksu Accounting examination.

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