Post Utme Uniport 2017 Accounting Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Uniport Accounting examination.

Post Utme Uniport 2017 Accounting Objective / Multiple Choice
Question 10 POST_UTME_UNIPORT • 2017 • ACCOUNTING • objective

A company's trial balance shows an error of ¡£,000 in the debit side of the account 'Rent and Rates'. The error is due to the omission of a receipt of £,000. Prepare the necessary journal entry to rectify the error.

Answer Options

Correct Answer A. Debit Rent and Rates £,000, Credit Cash £,000
B. Debit Rent and Rates £,000, Credit Bank £,000
C. Debit Rent and Rates £,000, Credit Profit and Loss £,000
D. Debit Rent and Rates £,000, Credit Capital £,000
Correct Answer
A
Correct Option:
Debit Rent and Rates £,000, Credit Cash £,000

About This Question

This is Post Utme Uniport 2017 Accounting Question 10. It is one of the objective questions from the 2017 Post Utme Uniport Accounting examination.

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