Post Utme Babcock University 2018 Accounting Question 23

Practice objective / multiple choice question 23 from the 2018 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2018 Accounting Objective / Multiple Choice
Question 23 POST_UTME_BABCOCK_UNIVERSITY • 2018 • ACCOUNTING • objective

A company has the following trial balance:

Answer Options

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

About This Question

This is Post Utme Babcock University 2018 Accounting Question 23. It is one of the objective questions from the 2018 Post Utme Babcock University Accounting examination.

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