Post Utme Rhema University 2018 Accounting Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2018 Accounting Objective / Multiple Choice
Question 20 POST_UTME_RHEMA_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's trial balance shows a debit balance of ₦15,000 in the account 'Salaries and Wages Paid'. However, the company's accounting records show that it has not paid any salaries and wages to its employees. What is the likely cause of this discrepancy?

Answer Options

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

About This Question

This is Post Utme Rhema University 2018 Accounting Question 20. It is one of the objective questions from the 2018 Post Utme Rhema University Accounting examination.

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