Post Utme Veritas University 2017 Accounting Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2017 Accounting Objective / Multiple Choice
Question 22 POST_UTME_VERITAS_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's trial balance as at December 31, 2022, is as follows: Debit ₦1,000,000 Credit ₦1,200,000 What is the correct journal entry to rectify the error?

Answer Options

A. ₦200,000
Correct Answer B. ₦300,000
C. ₦400,000
D. ₦500,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Veritas University 2017 Accounting Question 22. It is one of the objective questions from the 2017 Post Utme Veritas University Accounting examination.

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