Post Utme Coal City University 2021 Accounting Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2021 Accounting Objective / Multiple Choice
Question 28 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has the following transactions: Purchased office supplies for 1,000 cash, Purchased office equipment for 5,000 on credit, Paid 2,000 cash for salaries. What is the balance in the Office Equipment account after these transactions?

Answer Options

Correct Answer A. 5,000
B. 6,000
C. 7,000
D. 8,000
Correct Answer
A
Correct Option:
5,000

About This Question

This is Post Utme Coal City University 2021 Accounting Question 28. It is one of the objective questions from the 2021 Post Utme Coal City University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support