Post Utme Futa 2017 Accounting Question 5

Practice objective / multiple choice question 5 from the 2017 Post Utme Futa Accounting examination.

Post Utme Futa 2017 Accounting Objective / Multiple Choice
Question 5 POST_UTME_FUTA • 2017 • ACCOUNTING • objective

A company's trial balance shows an error of ₦300 in the debit side of the 'Office Equipment' account. The correct balance of the 'Office Equipment' account is ₦1000. What is the correct balance of the 'Office Equipment' account after correcting the error?

Answer Options

Correct Answer A. ₦1000
B. ₦3000
C. ₦5000
D. ₦7000
Correct Answer
A
Correct Option:
₦1000

About This Question

This is Post Utme Futa 2017 Accounting Question 5. It is one of the objective questions from the 2017 Post Utme Futa Accounting examination.

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