Post Utme Pan Atlantic University 2025 Accounting Question 17

Practice objective / multiple choice question 17 from the 2025 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2025 Accounting Objective / Multiple Choice
Question 17 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2025 • ACCOUNTING • objective

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

Answer Options

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

About This Question

This is Post Utme Pan Atlantic University 2025 Accounting Question 17. It is one of the objective questions from the 2025 Post Utme Pan Atlantic University Accounting examination.

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