Post Utme Ui 2023 Accounting Question 31

Practice objective / multiple choice question 31 from the 2023 Post Utme Ui Accounting examination.

Post Utme Ui 2023 Accounting Objective / Multiple Choice

Question 31 POST_UTME_UI • 2023 • ACCOUNTING • objective

A company's trial balance shows an error of ₦15,000 due to an incorrect posting of a debit entry. The correct debit entry is ₦20,000. What is the correct journal entry to rectify the error?

A. ₦15,000 debit to XYZ account

B. ₦20,000 credit to XYZ account

C. ₦15,000 credit to XYZ account

Correct Answer D. ₦20,000 debit to XYZ account

Correct Answer

Correct Option:

₦20,000 debit to XYZ account

This is Post Utme Ui 2023 Accounting Question 31. It is one of the objective questions from the 2023 Post Utme Ui Accounting examination.

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