Post Utme Pan Atlantic University 2025 Accounting Question 38

Practice objective / multiple choice question 38 from the 2025 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2025 Accounting Objective / Multiple Choice
Question 38 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's trial balance shows a discrepancy of ₦1,000 between the debit and credit columns. What is the most likely cause of this discrepancy?

Answer Options

A. A transaction has been omitted from the accounting records.
Correct Answer B. A journal entry has been incorrectly posted to the wrong account.
C. A bank reconciliation statement has not been prepared.
D. A depreciation expense has been incorrectly calculated.
Correct Answer
B
Correct Option:
A journal entry has been incorrectly posted to the wrong account.

About This Question

This is Post Utme Pan Atlantic University 2025 Accounting Question 38. It is one of the objective questions from the 2025 Post Utme Pan Atlantic University Accounting examination.

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