Post Utme Futa 2024 Accounting Question 23

Practice objective / multiple choice question 23 from the 2024 Post Utme Futa Accounting examination.

Post Utme Futa 2024 Accounting Objective / Multiple Choice

Question 23 POST_UTME_FUTA • 2024 • ACCOUNTING • objective

A company's trial balance shows an error of ₦20,000. The error is due to an incorrect posting of an account. What is the correct procedure to rectify the error?

A. Repost the account

B. Reconcile the account

Correct Answer C. Correct the error in the trial balance

D. Reopen the account

Correct Answer

Correct Option:

Correct the error in the trial balance

This is Post Utme Futa 2024 Accounting Question 23. It is one of the objective questions from the 2024 Post Utme Futa Accounting examination.

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