Post Utme Caleb University 2019 Accounting Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2019 Accounting Objective / Multiple Choice
Question 15 POST_UTME_CALEB_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has a ledger account with the following transactions: Debit: ₦10,000, Credit: ₦5,000. What is the net effect on the account?

Answer Options

Correct Answer A. ₦5,000 debit
B. ₦5,000 credit
C. ₦10,000 debit
D. ₦10,000 credit
Correct Answer
A
Correct Option:
₦5,000 debit

About This Question

This is Post Utme Caleb University 2019 Accounting Question 15. It is one of the objective questions from the 2019 Post Utme Caleb University Accounting examination.

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