Post Utme Abu 2017 Accounting Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Abu Accounting examination.

Post Utme Abu 2017 Accounting Objective / Multiple Choice
Question 14 POST_UTME_ABU • 2017 • ACCOUNTING • objective

A company uses the double-entry system and has the following ledger accounts: Debit: ₦100,000; Credit: ₦150,000. What is the net effect?

Answer Options

A. ₦50,000
B. ₦100,000
Correct Answer C. ₦150,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦150,000

About This Question

This is Post Utme Abu 2017 Accounting Question 14. It is one of the objective questions from the 2017 Post Utme Abu Accounting examination.

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