Post Utme Summit University 2025 Accounting Question 19

Practice objective / multiple choice question 19 from the 2025 Post Utme Summit University Accounting examination.

Post Utme Summit University 2025 Accounting Objective / Multiple Choice
Question 19 POST_UTME_SUMMIT_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's trial balance shows a debit balance of ₦120,000 in the account 'Office Equipment'. However, the company's accounting records show that the office equipment has a book value of ₦80,000. What is the amount of the error?

Answer Options

Correct Answer A. ₦20,000
B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Summit University 2025 Accounting Question 19. It is one of the objective questions from the 2025 Post Utme Summit University Accounting examination.

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