Post Utme Uniport 2025 Accounting Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Uniport Accounting examination.

Post Utme Uniport 2025 Accounting Objective / Multiple Choice
Question 25 POST_UTME_UNIPORT • 2025 • ACCOUNTING • objective

A company's trial balance shows a credit balance of ₦30,000 in the 'Sales Revenue' account. However, the company's accounting records show that the sales were actually made in cash. What is the likely reason for the discrepancy?

Answer Options

A. The company has not yet recorded the sales revenue.
Correct Answer B. The company has not yet credited the 'Sales Revenue' account.
C. The company has not yet debited the 'Cash' account.
D. The company's trial balance is not up-to-date.
Correct Answer
B
Correct Option:
The company has not yet credited the 'Sales Revenue' account.

About This Question

This is Post Utme Uniport 2025 Accounting Question 25. It is one of the objective questions from the 2025 Post Utme Uniport Accounting examination.

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