Post Utme Bells University 2025 Accounting Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Bells University Accounting examination.

Post Utme Bells University 2025 Accounting Objective / Multiple Choice
Question 20 POST_UTME_BELLS_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's trial balance shows a debit balance of ₦30,000 in the 'Salaries and Wages' account. What is the correct journal entry to record this transaction?

Answer Options

A. Debit Salaries and Wages ₦30,000, Credit Cash ₦30,000
Correct Answer B. Debit Cash ₦30,000, Credit Salaries and Wages ₦30,000
C. Debit Salaries and Wages ₦30,000, Credit Rent Paid ₦30,000
D. Debit Rent Paid ₦30,000, Credit Salaries and Wages ₦30,000
Correct Answer
B
Correct Option:
Debit Cash ₦30,000, Credit Salaries and Wages ₦30,000

About This Question

This is Post Utme Bells University 2025 Accounting Question 20. It is one of the objective questions from the 2025 Post Utme Bells University Accounting examination.

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