Post Utme Ui 2018 Accounting Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Ui Accounting examination.

Post Utme Ui 2018 Accounting Objective / Multiple Choice
Question 33 POST_UTME_UI • 2018 • ACCOUNTING • objective

A company has the following trial balance: Debit: ₦100,000, Credit: ₦120,000. What is the correct journal entry to correct the error?

Answer Options

Correct Answer A. Debit: ₦20,000, Credit: ₦20,000
B. Debit: ₦0, Credit: ₦20,000
C. Debit: ₦20,000, Credit: ₦0
D. Debit: ₦20,000, Credit: ₦20,000
Correct Answer
A
Correct Option:
Debit: ₦20,000, Credit: ₦20,000

About This Question

This is Post Utme Ui 2018 Accounting Question 33. It is one of the objective questions from the 2018 Post Utme Ui Accounting examination.

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