Post Utme Crawford University 2018 Accounting Question 28

Practice objective / multiple choice question 28 from the 2018 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2018 Accounting Objective / Multiple Choice
Question 28 POST_UTME_CRAWFORD_UNIVERSITY • 2018 • ACCOUNTING • objective

A company uses the single-entry system of accounting. The following transactions were recorded during the year:

Answer Options

A. Debit Cash 1,000 and Credit Revenue 1,000
Correct Answer B. Debit Revenue 1,000 and Credit Cash 1,000
C. Debit Cash 1,000 and Credit Expense 1,000
D. Debit Expense 1,000 and Credit Cash 1,000
Correct Answer
B
Correct Option:
Debit Revenue 1,000 and Credit Cash 1,000

About This Question

This is Post Utme Crawford University 2018 Accounting Question 28. It is one of the objective questions from the 2018 Post Utme Crawford University Accounting examination.

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