Post Utme Bsu 2024 Accounting Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Bsu Accounting examination.

Post Utme Bsu 2024 Accounting Objective / Multiple Choice
Question 40 POST_UTME_BSU • 2024 • ACCOUNTING • objective

A company uses the double entry system of accounting. The following transactions were recorded in the journal: Debit: Rent Paid ₦15,000, Credit: Rent Earned ₦15,000. What is the effect of this transaction on the company's trial balance?

Answer Options

A. ₦30,000
Correct Answer B. ₦60,000
C. ₦45,000
D. ₦90,000
Correct Answer
B
Correct Option:
₦60,000

About This Question

This is Post Utme Bsu 2024 Accounting Question 40. It is one of the objective questions from the 2024 Post Utme Bsu Accounting examination.

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