Post Utme Caleb University 2020 Accounting Question 19

Practice objective / multiple choice question 19 from the 2020 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2020 Accounting Objective / Multiple Choice
Question 19 POST_UTME_CALEB_UNIVERSITY • 2020 • ACCOUNTING • objective

A company uses the double-entry system of accounting. The following transactions were recorded in the accounting period: Purchased office supplies for ₦5,000, sold goods for ₦20,000, and paid rent of ₦8,000. Prepare a trial balance as at the end of the accounting period.

Answer Options

A. ₦33,000
Correct Answer B. ₦35,000
C. ₦37,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦35,000

About This Question

This is Post Utme Caleb University 2020 Accounting Question 19. It is one of the objective questions from the 2020 Post Utme Caleb University Accounting examination.

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