Post Utme Mountain Top University 2025 Accounting Question 21

Practice objective / multiple choice question 21 from the 2025 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2025 Accounting Objective / Multiple Choice
Question 21 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's trial balance shows a discrepancy of ₦5,000. The accountant suspects an error in the posting of a transaction. The transaction involved the sale of goods for ₦20,000, with a cash receipt of ₦15,000 and a credit to accounts receivable for ₦5,000. The error is most likely due to the

Answer Options

A. incorrect posting of the sale of goods
B. incorrect posting of the cash receipt
Correct Answer C. incorrect posting of the credit to accounts receivable
D. incorrect posting of the debit to accounts payable
Correct Answer
C
Correct Option:
incorrect posting of the credit to accounts receivable

About This Question

This is Post Utme Mountain Top University 2025 Accounting Question 21. It is one of the objective questions from the 2025 Post Utme Mountain Top University Accounting examination.

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