Post Utme Noun 2019 Accounting Question 27

Practice objective / multiple choice question 27 from the 2019 Post Utme Noun Accounting examination.

Post Utme Noun 2019 Accounting Objective / Multiple Choice
Question 27 POST_UTME_NOUN • 2019 • ACCOUNTING • objective

A company's trial balance showed a debit balance of ₦50,000 in the account 'Salaries Expense'. The company's accounting records showed that the salaries expense for the year was ₦60,000. What is the correct journal entry to record the error?

Answer Options

Correct Answer A. Debit Salaries Expense ₦10,000, Credit Cash ₦10,000
B. Debit Salaries Expense ₦10,000, Credit Salaries Expense ₦10,000
C. Debit Cash ₦10,000, Credit Salaries Expense ₦10,000
D. Debit Salaries Expense ₦10,000, Credit Bank ₦10,000
Correct Answer
A
Correct Option:
Debit Salaries Expense ₦10,000, Credit Cash ₦10,000

About This Question

This is Post Utme Noun 2019 Accounting Question 27. It is one of the objective questions from the 2019 Post Utme Noun Accounting examination.

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