Post Utme Lasu 2020 Accounting Question 25

Practice objective / multiple choice question 25 from the 2020 Post Utme Lasu Accounting examination.

Post Utme Lasu 2020 Accounting Objective / Multiple Choice
Question 25 POST_UTME_LASU • 2020 • ACCOUNTING • objective

A company's trial balance shows an error of ₦0.50 in the debit side of the account. The error is due to the omission of a transaction. The correct amount of the transaction is ₦1,500. What is the correct balance of the account?

Answer Options

A. ₦0.50
B. ₦1,500
Correct Answer C. ₦1,500.50
D. ₦1,501.50
Correct Answer
C
Correct Option:
₦1,500.50

About This Question

This is Post Utme Lasu 2020 Accounting Question 25. It is one of the objective questions from the 2020 Post Utme Lasu Accounting examination.

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