Post Utme Abu 2025 Accounting Question 38

Practice objective / multiple choice question 38 from the 2025 Post Utme Abu Accounting examination.

Post Utme Abu 2025 Accounting Objective / Multiple Choice
Question 38 POST_UTME_ABU • 2025 • ACCOUNTING • objective

A company's trial balance shows the following balances: Debit: Rent Expense ¡ 100,000 Salaries Expense ¡ 150,000 Credit: Rent Income ¡ 120,000 Salaries Payable ¡ 180,000 What is the correct classification of the above items?

Answer Options

A. Assets
B. Liabilities
C. Equity
D. Expenses
Correct Answer
N/A

About This Question

This is Post Utme Abu 2025 Accounting Question 38. It is one of the objective questions from the 2025 Post Utme Abu Accounting examination.

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