Post Utme Rhema University 2019 Accounting Question 28

Practice objective / multiple choice question 28 from the 2019 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2019 Accounting Objective / Multiple Choice
Question 28 POST_UTME_RHEMA_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's trial balance shows an error of ₦10,000 due to an omission. Prepare a corrected trial balance.

Answer Options

A. Assets: ₦250,000, Liabilities: ₦150,000, Capital: ₦100,000
Correct Answer B. Assets: ₦260,000, Liabilities: ₦160,000, Capital: ₦100,000
C. Assets: ₦250,000, Liabilities: ₦150,000, Capital: ₦110,000
D. Assets: ₦260,000, Liabilities: ₦160,000, Capital: ₦110,000
Correct Answer
B
Correct Option:
Assets: ₦260,000, Liabilities: ₦160,000, Capital: ₦100,000

About This Question

This is Post Utme Rhema University 2019 Accounting Question 28. It is one of the objective questions from the 2019 Post Utme Rhema University Accounting examination.

View More Post Utme Rhema University 2019 Accounting Questions More Post Utme Rhema University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support