Post Utme Unilorin 2023 Accounting Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2023 Accounting Objective / Multiple Choice

Question 18 POST_UTME_UNILORIN • 2023 • ACCOUNTING • objective

A company prepares a trial balance. The debit column totals ₥0,000 and the credit column totals ₥0,000. What is the purpose of the trial balance?

Answer Options

Correct Answer A. To identify errors in the accounting records

B. To prepare the financial statements

C. To calculate the net income

D. To determine the cash balance

Correct Answer

Correct Option:

To identify errors in the accounting records

About This Question

This is Post Utme Unilorin 2023 Accounting Question 18. It is one of the objective questions from the 2023 Post Utme Unilorin Accounting examination.

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