Post Utme Ui 2022 Accounting Question 16

Practice objective / multiple choice question 16 from the 2022 Post Utme Ui Accounting examination.

Post Utme Ui 2022 Accounting Objective / Multiple Choice
Question 16 POST_UTME_UI • 2022 • ACCOUNTING • objective

A company's trial balance shows an error of ₦5,000 in the debit side of the account 'Office Equipment'. The error was caused by the omission of a purchase of office equipment worth ₦5,000. Prepare the necessary journal entry to correct the error.

Answer Options

A. ₦5,000 debit to Office Equipment
B. ₦5,000 credit to Office Equipment
Correct Answer C. ₦5,000 debit to Office Equipment and ₦5,000 credit to Purchases
D. ₦5,000 credit to Office Equipment and ₦5,000 debit to Sales
Correct Answer
C
Correct Option:
₦5,000 debit to Office Equipment and ₦5,000 credit to Purchases

About This Question

This is Post Utme Ui 2022 Accounting Question 16. It is one of the objective questions from the 2022 Post Utme Ui Accounting examination.

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