Post Utme Lasu 2017 Accounting Question 31

Practice objective / multiple choice question 31 from the 2017 Post Utme Lasu Accounting examination.

Post Utme Lasu 2017 Accounting Objective / Multiple Choice
Question 31 POST_UTME_LASU • 2017 • ACCOUNTING • objective

A company's trial balance shows an error of 1,000 in the debit side of the account 'Rent and Rates'. The correct balance is 5,000. What is the correct balance in the credit side of the account 'Rent and Rates'?

Answer Options

A. ₦4,000
Correct Answer B. ₦5,000
C. ₦6,000
D. ₦7,000
Correct Answer
B
Correct Option:
₦5,000

About This Question

This is Post Utme Lasu 2017 Accounting Question 31. It is one of the objective questions from the 2017 Post Utme Lasu Accounting examination.

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