Post Utme Uniben 2025 Accounting Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Uniben Accounting examination.

Post Utme Uniben 2025 Accounting Objective / Multiple Choice
Question 13 POST_UTME_UNIBEN • 2025 • ACCOUNTING • objective

A company has the following trial balance: | Account | Debit | Credit | | --- | --- | --- | | Cash | 10,000 | | | Sales | | 15,000 | | Purchase | 8,000 | | | Rent | | 2,000 | | Profit | | 5,000 | What is the correct journal entry to correct the error in the trial balance?

Answer Options

Correct Answer A. Debit Cash, Credit Profit
B. Debit Profit, Credit Cash
C. Debit Purchase, Credit Rent
D. Debit Rent, Credit Purchase
Correct Answer
A
Correct Option:
Debit Cash, Credit Profit

About This Question

This is Post Utme Uniben 2025 Accounting Question 13. It is one of the objective questions from the 2025 Post Utme Uniben Accounting examination.

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