Post Utme Babcock University 2017 Accounting Question 20

Practice objective / multiple choice question 20 from the 2017 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2017 Accounting Objective / Multiple Choice
Question 20 POST_UTME_BABCOCK_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's trial balance shows the following balances:

Answer Options

Correct Answer A. Debit Sales 10,000 and Credit Cost of Goods Sold 10,000
B. Debit Cost of Goods Sold 10,000 and Credit Sales 10,000
C. Debit Sales 10,000 and Credit Accounts Receivable 10,000
D. Debit Accounts Receivable 10,000 and Credit Sales 10,000
Correct Answer
A
Correct Option:
Debit Sales 10,000 and Credit Cost of Goods Sold 10,000

About This Question

This is Post Utme Babcock University 2017 Accounting Question 20. It is one of the objective questions from the 2017 Post Utme Babcock University Accounting examination.

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