Post Utme Ui 2022 Accounting Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Ui Accounting examination.

Post Utme Ui 2022 Accounting Objective / Multiple Choice
Question 18 POST_UTME_UI • 2022 • ACCOUNTING • objective

A company's trial balance as at 31st December 2022 shows an error of ₦2,000 in the credit side of the account 'Rent Received'. The error was caused by the omission of a receipt of rent worth ₦2,000. Prepare the necessary journal entry to correct the error.

Answer Options

A. ₦2,000 debit to Rent Received
Correct Answer B. ₦2,000 credit to Rent Received
C. ₦2,000 debit to Rent Received and ₦2,000 credit to Sales
D. ₦2,000 credit to Rent Received and ₦2,000 debit to Purchases
Correct Answer
B
Correct Option:
₦2,000 credit to Rent Received

About This Question

This is Post Utme Ui 2022 Accounting Question 18. It is one of the objective questions from the 2022 Post Utme Ui Accounting examination.

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