Post Utme Rhema University 2018 Accounting Question 16

Practice objective / multiple choice question 16 from the 2018 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2018 Accounting Objective / Multiple Choice
Question 16 POST_UTME_RHEMA_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's trial balance shows a debit balance of ₦5,000 in the account 'Rent Received'. However, the company's accounting records show that it has not received any rent from its tenants. What is the likely cause of this discrepancy?

Answer Options

Correct Answer A. Error in recording rent received
B. Error in recording rent paid
C. Error in preparing the trial balance
D. Error in accounting records
Correct Answer
A
Correct Option:
Error in recording rent received

About This Question

This is Post Utme Rhema University 2018 Accounting Question 16. It is one of the objective questions from the 2018 Post Utme Rhema University Accounting examination.

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