Neco 2022 Financial Accounting Question 43
Practice objective / multiple choice question 43 from the 2022 Neco Financial Accounting examination.
The trial balance of a company shows total debits of ₦1,250,000 and total credits of ₦1,240,000. It is later discovered that a purchase entry of ₦15,000 was omitted from the debit side. After correcting this omission, what amount should be posted to the suspense account and on which side?
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About This Question
This is Neco 2022 Financial Accounting Question 43. It is one of the objective questions from the 2022 Neco Financial Accounting examination.
Difficulty level: Medium .
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