Post Utme Babcock University 2025 Accounting Question 23

Practice objective / multiple choice question 23 from the 2025 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2025 Accounting Objective / Multiple Choice
Question 23 POST_UTME_BABCOCK_UNIVERSITY • 2025 • ACCOUNTING • objective

A company uses the single entry system to record its financial transactions. The company's assets at the beginning of the year were ₦100,000. The company's assets at the end of the year were ₦150,000. What is the total amount of expenses incurred by the company during the year?

Answer Options

A. ₦50,000
B. ₦75,000
C. ₦100,000
Correct Answer D. ₦125,000
Correct Answer
D
Correct Option:
₦125,000

About This Question

This is Post Utme Babcock University 2025 Accounting Question 23. It is one of the objective questions from the 2025 Post Utme Babcock University Accounting examination.

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