Post Utme Pan Atlantic University 2025 Accounting Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2025 Accounting Objective / Multiple Choice
Question 13 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's trial balance shows a credit balance of ₦10,000 in the 'Salaries Expense' account. However, the company's accounting records indicate that the salaries expense for the year was ₦15,000. What is the likely cause of the discrepancy?

Answer Options

Correct Answer A. The salaries expense was incorrectly recorded as a debit.
B. The salaries expense was incorrectly recorded as a credit.
C. The salaries expense was not recorded at all.
D. The salaries expense was recorded in the wrong account.
Correct Answer
A
Correct Option:
The salaries expense was incorrectly recorded as a debit.

About This Question

This is Post Utme Pan Atlantic University 2025 Accounting Question 13. It is one of the objective questions from the 2025 Post Utme Pan Atlantic University Accounting examination.

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