Post Utme Covenant University 2020 Accounting Question 34

Practice objective / multiple choice question 34 from the 2020 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2020 Accounting Objective / Multiple Choice
Question 34 POST_UTME_COVENANT_UNIVERSITY • 2020 • ACCOUNTING • objective

A company has the following transactions: Purchased office supplies on credit ₦10,000, Sold merchandise on credit ₦20,000, Collected cash from customers ₦15,000. Prepare a Cash Book.

Answer Options

Correct Answer A. Office Supplies ₦10,000, Cash ₦15,000
B. Office Supplies ₦10,000, Cash ₦20,000
C. Office Supplies ₦20,000, Cash ₦15,000
D. Office Supplies ₦20,000, Cash ₦20,000
Correct Answer
A
Correct Option:
Office Supplies ₦10,000, Cash ₦15,000

About This Question

This is Post Utme Covenant University 2020 Accounting Question 34. It is one of the objective questions from the 2020 Post Utme Covenant University Accounting examination.

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