Neco 2018 Financial Accounting Question 5

Practice objective / multiple choice question 5 from the 2018 Neco Financial Accounting examination.

Neco 2018 Financial Accounting Objective / Multiple Choice Easy Difficulty
Question 5 NECO • 2018 • FINANCIAL_ACCOUNTING • objective

The purchases journal for the month was recorded as ₦150,000. It was later found that a purchase of ₦20,000 had been entered twice. What is the correct total of the purchases journal after correcting the error?

Answer Options

A. 170000
B. 120000
Correct Answer C. 130000
D. 150000
Correct Answer
C
Correct Option:
130000

About This Question

This is Neco 2018 Financial Accounting Question 5. It is one of the objective questions from the 2018 Neco Financial Accounting examination.

Difficulty level: Easy .

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