Post Utme Unn 2025 Accounting Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Unn Accounting examination.

Post Utme Unn 2025 Accounting Objective / Multiple Choice
Question 20 POST_UTME_UNN • 2025 • ACCOUNTING • objective

A trader maintains the following ledger accounts: Purchases, Sales, and Capital. The trial balance shows a difference of ₦10,000 between the debit and credit sides. What is the correct journal entry to rectify the error?

Answer Options

A. Debit Purchases and Credit Capital
B. Debit Sales and Credit Capital
Correct Answer C. Debit Purchases and Credit Sales
D. Debit Capital and Credit Purchases
Correct Answer
C
Correct Option:
Debit Purchases and Credit Sales

About This Question

This is Post Utme Unn 2025 Accounting Question 20. It is one of the objective questions from the 2025 Post Utme Unn Accounting examination.

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