Post Utme Aaua 2024 Accounting Question 3

Practice objective / multiple choice question 3 from the 2024 Post Utme Aaua Accounting examination.

Post Utme Aaua 2024 Accounting Objective / Multiple Choice

Question 3 POST_UTME_AAUA • 2024 • ACCOUNTING • objective

A company uses the double-entry system of accounting. Prepare the ledger accounts for the following transactions: (i) Purchase of office supplies for 1,000, (ii) Sale of goods for 5,000.

Correct Answer A. Office Supplies 1,000, Sales 5,000

B. Office Supplies 1,000, Purchases 5,000

C. Purchases 1,000, Sales 5,000

D. Office Supplies 1,000, Sales 5,000, Purchases 5,000

Correct Answer

Correct Option:

Office Supplies 1,000, Sales 5,000

This is Post Utme Aaua 2024 Accounting Question 3. It is one of the objective questions from the 2024 Post Utme Aaua Accounting examination.

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