Post Utme Crawford University 2017 Accounting Question 21
Practice objective / multiple choice question 21 from the 2017 Post Utme Crawford University Accounting examination.
A company uses a self-balancing ledger to record its transactions. The ledger has the following accounts: Cash, Accounts Payable, Accounts Receivable, and Common Stock. The ledger also has the following transactions: Debit Cash 1,000, Credit Accounts Payable 500, Debit Accounts Receivable 200, and Credit Common Stock 300. What is the total amount of the transactions recorded in the ledger?
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About This Question
This is Post Utme Crawford University 2017 Accounting Question 21. It is one of the objective questions from the 2017 Post Utme Crawford University Accounting examination.
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