Post Utme Delsu 2019 Accounting Question 11

Practice objective / multiple choice question 11 from the 2019 Post Utme Delsu Accounting examination.

Post Utme Delsu 2019 Accounting Objective / Multiple Choice

Question 11 POST_UTME_DELSU • 2019 • ACCOUNTING • objective

A company's trial balance shows a debit balance of ₦15,000 in the account 'Rent Received'. What is the correct journal entry to record this transaction?

Answer Options

A. ₦15,000 debit to Rent Received

Correct Answer B. ₦15,000 credit to Rent Received

C. ₦15,000 debit to Rent Paid

D. ₦15,000 credit to Rent Paid

Correct Answer

Correct Option:

₦15,000 credit to Rent Received

About This Question

This is Post Utme Delsu 2019 Accounting Question 11. It is one of the objective questions from the 2019 Post Utme Delsu Accounting examination.

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