Post Utme Bsu 2025 Accounting Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Bsu Accounting examination.

Post Utme Bsu 2025 Accounting Objective / Multiple Choice
Question 10 POST_UTME_BSU • 2025 • ACCOUNTING • objective

A company has the following transactions in its company accounts: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1/1 | Issuance of shares | | ₦100,000 | | 1/2 | Purchase of goods | | ₦20,000 | | 1/3 | Sale of goods | | ₦30,000 | What is the correct ledger account for the share capital account?

Answer Options

Correct Answer A. ₦100,000
B. ₦120,000
C. ₦140,000
D. ₦160,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Bsu 2025 Accounting Question 10. It is one of the objective questions from the 2025 Post Utme Bsu Accounting examination.

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