Post Utme Covenant University 2020 Accounting Question 21

Practice objective / multiple choice question 21 from the 2020 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2020 Accounting Objective / Multiple Choice
Question 21 POST_UTME_COVENANT_UNIVERSITY • 2020 • ACCOUNTING • objective

A public sector organization has the following transactions for the year ended December 31, 2022: Purchased office supplies for ₦10,000, paid salaries of ₦500,000, and received revenue of ₦750,000. Prepare a simple ledger account for office supplies.

Answer Options

Correct Answer A. Office Supplies Ledger
B. Salaries Ledger
C. Revenue Ledger
D. Expenses Ledger
Correct Answer
A
Correct Option:
Office Supplies Ledger

About This Question

This is Post Utme Covenant University 2020 Accounting Question 21. It is one of the objective questions from the 2020 Post Utme Covenant University Accounting examination.

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