Post Utme Aaua 2020 Accounting Question 33
Practice objective / multiple choice question 33 from the 2020 Post Utme Aaua Accounting examination.
A company uses the double-entry system of accounting. The company's ledger shows the following transactions: Debit: Cash ₦10,000, Credit: Accounts Payable ₦10,000. What is the effect of this transaction on the company's cash balance?
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About This Question
This is Post Utme Aaua 2020 Accounting Question 33. It is one of the objective questions from the 2020 Post Utme Aaua Accounting examination.
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