Post Utme Caleb University 2020 Accounting Question 40

Practice objective / multiple choice question 40 from the 2020 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2020 Accounting Objective / Multiple Choice
Question 40 POST_UTME_CALEB_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's Journal showed the following transactions: 1st January, 2022, Purchase of Plant and Machinery ₦50,000; 10th January, 2022, Sale of Goods ₦20,000; 20th January, 2022, Purchase of Goods ₦30,000. Prepare the Journal for the year.

Answer Options

Correct Answer A. ₦100,000
B. ₦80,000
C. ₦60,000
D. ₦40,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Caleb University 2020 Accounting Question 40. It is one of the objective questions from the 2020 Post Utme Caleb University Accounting examination.

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