Post Utme Rsu 2021 Accounting Question 7

Practice objective / multiple choice question 7 from the 2021 Post Utme Rsu Accounting examination.

Post Utme Rsu 2021 Accounting Objective / Multiple Choice

Question 7 POST_UTME_RSU • 2021 • ACCOUNTING • objective

A company prepares its trial balance and discovers that the debit and credit balances of the accounts do not tally. What is the first step to take?

Correct Answer A. Check the accounts for errors.

B. Reconcile the trial balance with the general ledger.

C. Prepare a new trial balance.

D. Investigate the discrepancy.

Correct Answer

Correct Option:

Check the accounts for errors.

This is Post Utme Rsu 2021 Accounting Question 7. It is one of the objective questions from the 2021 Post Utme Rsu Accounting examination.

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