Post Utme Babcock University 2019 Accounting Question 33
Practice objective / multiple choice question 33 from the 2019 Post Utme Babcock University Accounting examination.
A company uses a self-balancing ledger system. The following transactions occurred during the year: Purchased raw materials worth ₦50,000 on credit from a supplier. Sold goods worth ₦80,000 for cash. What is the net effect on the company's ledger balance?
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About This Question
This is Post Utme Babcock University 2019 Accounting Question 33. It is one of the objective questions from the 2019 Post Utme Babcock University Accounting examination.
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