Post Utme Bowen University 2019 Accounting Question 28

Practice objective / multiple choice question 28 from the 2019 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2019 Accounting Objective / Multiple Choice
Question 28 POST_UTME_BOWEN_UNIVERSITY • 2019 • ACCOUNTING • objective

A company uses the double-entry system of accounting. The company's accountant has recorded the following transactions in the ledger: | Date | Account | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | | 1,000 | | 15 Jan | Rent Expense | 200 | | | 20 Jan | Office Supplies | | 150 | | 25 Jan | Salaries Expense | | 800 | What is the total amount of debits and credits?

Answer Options

Correct Answer A. ₦2,150
B. ₦2,200
C. ₦2,000
D. ₦1,800
Correct Answer
A
Correct Option:
₦2,150

About This Question

This is Post Utme Bowen University 2019 Accounting Question 28. It is one of the objective questions from the 2019 Post Utme Bowen University Accounting examination.

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