Post Utme Oau 2020 Accounting Question 1
Practice objective / multiple choice question 1 from the 2020 Post Utme Oau Accounting examination.
A company's trial balance shows a discrepancy of ₦10,000 between the debit and credit sides. The company's accountant has identified the following errors: (i) A credit of ₦5,000 was posted to the wrong account, (ii) A debit of ₦3,000 was omitted from the trial balance, and (iii) A credit of ₦2,000 was posted twice to the same account. What is the correct amount of the discrepancy?
Answer Options
About This Question
This is Post Utme Oau 2020 Accounting Question 1. It is one of the objective questions from the 2020 Post Utme Oau Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.