Post Utme Babcock University 2017 Accounting Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2017 Accounting Objective / Multiple Choice
Question 23 POST_UTME_BABCOCK_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's departmental accounts show the following balances:

Answer Options

Correct Answer A. Debit Sales 20,000 and Credit Cost of Goods Sold 20,000
B. Debit Cost of Goods Sold 20,000 and Credit Sales 20,000
C. Debit Direct Materials 20,000 and Credit Direct Labor 20,000
D. Debit Direct Labor 20,000 and Credit Direct Materials 20,000
Correct Answer
A
Correct Option:
Debit Sales 20,000 and Credit Cost of Goods Sold 20,000

About This Question

This is Post Utme Babcock University 2017 Accounting Question 23. It is one of the objective questions from the 2017 Post Utme Babcock University Accounting examination.

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