Post Utme Rsu 2022 Accounting Question 31

Practice objective / multiple choice question 31 from the 2022 Post Utme Rsu Accounting examination.

Post Utme Rsu 2022 Accounting Objective / Multiple Choice
Question 31 POST_UTME_RSU • 2022 • ACCOUNTING • objective

A company's trial balance shows a debit balance of ₦15,000 in the 'Rent Received' account. Prepare the necessary journal entry to correct this error.

Answer Options

Correct Answer A. Debit Rent Received ₦15,000, Credit Rent Received ₦15,000
B. Debit Rent Received ₦15,000, Credit Rent Paid ₦15,000
C. Debit Rent Paid ₦15,000, Credit Rent Received ₦15,000
D. Debit Rent Received ₦15,000, Credit Cash ₦15,000
Correct Answer
A
Correct Option:
Debit Rent Received ₦15,000, Credit Rent Received ₦15,000

About This Question

This is Post Utme Rsu 2022 Accounting Question 31. It is one of the objective questions from the 2022 Post Utme Rsu Accounting examination.

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