Post Utme Futo 2024 Accounting Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Futo Accounting examination.

Post Utme Futo 2024 Accounting Objective / Multiple Choice
Question 9 POST_UTME_FUTO • 2024 • ACCOUNTING • objective

A company prepares a trial balance. The debit side has a total of ₦200,000 and the credit side has a total of ₦250,000. What is the nature of the error?

Answer Options

A. Error of omission
Correct Answer B. Error of commission
C. Error of principle
D. Error of posting
Correct Answer
B
Correct Option:
Error of commission

About This Question

This is Post Utme Futo 2024 Accounting Question 9. It is one of the objective questions from the 2024 Post Utme Futo Accounting examination.

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