Post Utme Unn 2025 Accounting Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Unn Accounting examination.

Post Utme Unn 2025 Accounting Objective / Multiple Choice
Question 22 POST_UTME_UNN • 2025 • ACCOUNTING • objective

A trader maintains the following ledger accounts: Purchases, Sales, and Capital. The trial balance shows a difference of ₦20,000 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
C. Debit Purchases and Credit Sales
Correct Answer D. Debit Capital and Credit Purchases
Correct Answer
D
Correct Option:
Debit Capital and Credit Purchases

About This Question

This is Post Utme Unn 2025 Accounting Question 22. It is one of the objective questions from the 2025 Post Utme Unn Accounting examination.

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