Post Utme Bowen University 2023 Accounting Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2023 Accounting Objective / Multiple Choice
Question 15 POST_UTME_BOWEN_UNIVERSITY • 2023 • ACCOUNTING • objective

A business has the following transactions: Purchased equipment for ₦100,000, Sold goods for ₦150,000. What is the net increase in assets?

Answer Options

A. ₦50,000
B. ₦60,000
Correct Answer C. ₦70,000
D. ₦80,000
Correct Answer
C
Correct Option:
₦70,000

About This Question

This is Post Utme Bowen University 2023 Accounting Question 15. It is one of the objective questions from the 2023 Post Utme Bowen University Accounting examination.

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