Post Utme Nile University 2019 Accounting Question 19

Practice objective / multiple choice question 19 from the 2019 Post Utme Nile University Accounting examination.

Post Utme Nile University 2019 Accounting Objective / Multiple Choice
Question 19 POST_UTME_NILE_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's control account shows a balance of ₦200,000. However, the ledger account shows a balance of ₦250,000. What is the reason for the difference?

Answer Options

A. The company has made a mistake in recording the transactions.
B. The ledger account has been incorrectly balanced.
C. The control account has been incorrectly balanced.
Correct Answer D. The company has made a mistake in preparing the trial balance.
Correct Answer
D
Correct Option:
The company has made a mistake in preparing the trial balance.

About This Question

This is Post Utme Nile University 2019 Accounting Question 19. It is one of the objective questions from the 2019 Post Utme Nile University Accounting examination.

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