Post Utme Unilag 2025 Accounting Question 35

Practice objective / multiple choice question 35 from the 2025 Post Utme Unilag Accounting examination.

Post Utme Unilag 2025 Accounting Objective / Multiple Choice

Question 35 POST_UTME_UNILAG • 2025 • ACCOUNTING • objective

A company's trial balance showed an error of ₦15,000 due to an incorrect posting of a debit entry. The company's accountant corrected the error by making a corresponding credit entry. What is the effect of this correction on the company's net profit?

Answer Options

Correct Answer A. ₦15,000 increase

B. ₦15,000 decrease

C. ₦30,000 increase

D. ₦30,000 decrease

Correct Answer

Correct Option:

₦15,000 increase

About This Question

This is Post Utme Unilag 2025 Accounting Question 35. It is one of the objective questions from the 2025 Post Utme Unilag Accounting examination.

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