Post Utme Eksu 2022 Accounting Question 43

Practice objective / multiple choice question 43 from the 2022 Post Utme Eksu Accounting examination.

Post Utme Eksu 2022 Accounting Objective / Multiple Choice

Question 43 POST_UTME_EKSU • 2022 • ACCOUNTING • objective

A company's trial balance shows a debit balance of ₦10,000 in the account 'Accrued Expenses'. Prepare the journal entry to correct this error.

A. Debit Accrued Expenses ₦10,000, Credit Accrued Income ₦10,000

B. Debit Accrued Income ₦10,000, Credit Accrued Expenses ₦10,000

C. Debit Accrued Expenses ₦10,000, Credit Cash ₦10,000

D. Debit Cash ₦10,000, Credit Accrued Expenses ₦10,000

Correct Answer

N/A

This is Post Utme Eksu 2022 Accounting Question 43. It is one of the objective questions from the 2022 Post Utme Eksu Accounting examination.

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