Post Utme Bsu 2019 Accounting Question 36

Practice objective / multiple choice question 36 from the 2019 Post Utme Bsu Accounting examination.

Post Utme Bsu 2019 Accounting Objective / Multiple Choice
Question 36 POST_UTME_BSU • 2019 • ACCOUNTING • objective

A public sector organization has the following transactions for the month of January: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | 10,000 | | | 5 Jan | Office Supplies | | 2,000 | | 10 Jan | Salaries | | 30,000 | | 15 Jan | Rent | | 5,000 | | 20 Jan | Cash | | 15,000 | What is the total amount of equity?

Answer Options

A. ₦42,000
B. ₦47,000
C. ₦52,000
Correct Answer D. ₦57,000
Correct Answer
D
Correct Option:
₦57,000

About This Question

This is Post Utme Bsu 2019 Accounting Question 36. It is one of the objective questions from the 2019 Post Utme Bsu Accounting examination.

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