Post Utme Rsu 2022 Accounting Question 34

Practice objective / multiple choice question 34 from the 2022 Post Utme Rsu Accounting examination.

Post Utme Rsu 2022 Accounting Objective / Multiple Choice

Question 34 POST_UTME_RSU • 2022 • ACCOUNTING • objective

A company's trial balance shows a debit balance of ₦10,000 in the 'Salaries Payable' account. Prepare the necessary journal entry to correct this error.

Correct Answer A. Debit Salaries Payable ₦10,000, Credit Salaries Expense ₦10,000

B. Debit Salaries Expense ₦10,000, Credit Salaries Payable ₦10,000

C. Debit Salaries Payable ₦10,000, Credit Cash ₦10,000

D. Debit Cash ₦10,000, Credit Salaries Payable ₦10,000

Correct Answer

Correct Option:

Debit Salaries Payable ₦10,000, Credit Salaries Expense ₦10,000

This is Post Utme Rsu 2022 Accounting Question 34. It is one of the objective questions from the 2022 Post Utme Rsu Accounting examination.

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