Post Utme Rsu 2017 Accounting Question 7

Practice objective / multiple choice question 7 from the 2017 Post Utme Rsu Accounting examination.

Post Utme Rsu 2017 Accounting Objective / Multiple Choice

Question 7 POST_UTME_RSU • 2017 • ACCOUNTING • objective

A company's trial balance showed an error of ₦10,000 in the debit side of the sales account. The correct balance of the sales account is ₦150,000. Prepare the necessary journal entry to correct this error.

Correct Answer A. Debit Sales A/c ₦10,000, Credit Sales Returns A/c ₦10,000

B. Debit Sales A/c ₦10,000, Credit Sales Returns A/c ₦10,000, Credit Sales A/c ₦10,000

C. Debit Sales Returns A/c ₦10,000, Credit Sales A/c ₦10,000

D. Debit Sales A/c ₦10,000, Credit Sales Returns A/c ₦10,000, Debit Sales A/c ₦10,000

Correct Answer

Correct Option:

Debit Sales A/c ₦10,000, Credit Sales Returns A/c ₦10,000

This is Post Utme Rsu 2017 Accounting Question 7. It is one of the objective questions from the 2017 Post Utme Rsu Accounting examination.

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