Post Utme Mountain Top University 2022 Accounting Question 11
Practice objective / multiple choice question 11 from the 2022 Post Utme Mountain Top University Accounting examination.
A company's trial balance shows a discrepancy of ₦5,000 between the debit and credit sides. The company's accountant has identified the following errors: (i) a journal entry of ₦10,000 was posted twice, (ii) a journal entry of ₦8,000 was posted incorrectly as a debit instead of a credit, and (iii) a journal entry of ₦12,000 was posted incorrectly as a credit instead of a debit. What is the correct adjustment to be made to the trial balance?
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About This Question
This is Post Utme Mountain Top University 2022 Accounting Question 11. It is one of the objective questions from the 2022 Post Utme Mountain Top University Accounting examination.
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