Post Utme Osustech 2025 Accounting Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Osustech Accounting examination.

Post Utme Osustech 2025 Accounting Objective / Multiple Choice
Question 28 POST_UTME_OSUSTECH • 2025 • ACCOUNTING • objective

A company's trial balance shows a debit balance of ₦30,000 in the account 'Salaries' and a credit balance of ₦20,000 in the account 'Salaries Payable'. What is the correct journal entry to rectify this error?

Answer Options

A. Debit Salaries Payable ₦10,000, Credit Salaries ₦10,000
B. Debit Salaries Payable ₦10,000, Credit Salaries ₦10,000 and Debit Salaries ₦10,000
C. Debit Salaries Payable ₦10,000, Credit Salaries ₦10,000 and Credit Salaries Payable ₦10,000
Correct Answer D. Debit Salaries ₦30,000, Credit Salaries Payable ₦20,000
Correct Answer
D
Correct Option:
Debit Salaries ₦30,000, Credit Salaries Payable ₦20,000

About This Question

This is Post Utme Osustech 2025 Accounting Question 28. It is one of the objective questions from the 2025 Post Utme Osustech Accounting examination.

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