Post Utme Elizade University 2019 Accounting Question 22

Practice objective / multiple choice question 22 from the 2019 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2019 Accounting Objective / Multiple Choice
Question 22 POST_UTME_ELIZADE_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's trial balance shows a discrepancy of ₦5,000 between the debit and credit sides. What is the likely cause of this discrepancy?

Answer Options

A. Error in posting transactions
Correct Answer B. Error in preparing the trial balance
C. Error in accounting for a transaction
D. Error in preparing the ledger accounts
Correct Answer
B
Correct Option:
Error in preparing the trial balance

About This Question

This is Post Utme Elizade University 2019 Accounting Question 22. It is one of the objective questions from the 2019 Post Utme Elizade 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