Post Utme Crawford University 2019 Accounting Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2019 Accounting Objective / Multiple Choice
Question 3 POST_UTME_CRAWFORD_UNIVERSITY • 2019 • ACCOUNTING • objective

A public sector organization has the following transactions for the year ended 31st December 2022:

Answer Options

Correct Answer A. Debit Appropriation Account ₦ 50,000, Credit Revenue ₦ 50,000
B. Debit Appropriation Account ₦ 50,000, Credit Capital ₦ 50,000
C. Debit Capital ₦ 50,000, Credit Revenue ₦ 50,000
D. Debit Revenue ₦ 50,000, Credit Capital ₦ 50,000
Correct Answer
A
Correct Option:
Debit Appropriation Account ₦ 50,000, Credit Revenue ₦ 50,000

About This Question

This is Post Utme Crawford University 2019 Accounting Question 3. It is one of the objective questions from the 2019 Post Utme Crawford University Accounting examination.

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