Post Utme Bowen University 2022 Accounting Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2022 Accounting Objective / Multiple Choice
Question 13 POST_UTME_BOWEN_UNIVERSITY • 2022 • ACCOUNTING • objective

A company uses the double entry system to record transactions. If the company purchases goods for ₦200,000 and pays cash of ₦150,000, what is the amount of the purchase on account?

Answer Options

A. ₦50,000
Correct Answer B. ₦100,000
C. ₦150,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦100,000

About This Question

This is Post Utme Bowen University 2022 Accounting Question 13. It is one of the objective questions from the 2022 Post Utme Bowen University Accounting examination.

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