Post Utme Lead City University 2019 Accounting Question 6

Practice objective / multiple choice question 6 from the 2019 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2019 Accounting Objective / Multiple Choice
Question 6 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's trial balance shows a discrepancy of ₦25,000 between the debit and credit sides. The accountant suspects that the error occurred in the journal entry for the purchase of office equipment. The accountant has identified the following transactions as possible causes of the error:

Answer Options

A. Purchase of office equipment for ₦30,000
B. Purchase of office equipment for ₦20,000
Correct Answer C. Purchase of office equipment for ₦25,000
D. Purchase of office equipment for ₦15,000
Correct Answer
C
Correct Option:
Purchase of office equipment for ₦25,000

About This Question

This is Post Utme Lead City University 2019 Accounting Question 6. It is one of the objective questions from the 2019 Post Utme Lead City University Accounting examination.

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