Post Utme Redeemers University 2022 Accounting Question 12

Practice objective / multiple choice question 12 from the 2022 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2022 Accounting Objective / Multiple Choice
Question 12 POST_UTME_REDEEMERS_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's trial balance showed an error of ₦10,000 in the debit side of the sales account. Prepare the necessary journal entry to rectify the error.

Answer Options

Correct Answer A. Debit Sales Account ₦10,000, Credit Cash ₦10,000
B. Debit Sales Account ₦10,000, Credit Bank ₦10,000
C. Debit Bank ₦10,000, Credit Sales Account ₦10,000
D. Debit Sales Account ₦10,000, Credit Sales Returns Account ₦10,000
Correct Answer
A
Correct Option:
Debit Sales Account ₦10,000, Credit Cash ₦10,000

About This Question

This is Post Utme Redeemers University 2022 Accounting Question 12. It is one of the objective questions from the 2022 Post Utme Redeemers University Accounting examination.

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