Post Utme Delsu 2021 Accounting Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Delsu Accounting examination.

Post Utme Delsu 2021 Accounting Objective / Multiple Choice
Question 18 POST_UTME_DELSU • 2021 • ACCOUNTING • objective

A company has the following transactions: 1) Purchased office supplies for ₦10,000 cash. 2) Sold office supplies for ₦5,000 cash. 3) Purchased office equipment for ₦50,000 cash. 4) Sold office equipment for ₦20,000 cash. 5) Purchased office furniture for ₦30,000 cash. 6) Sold office furniture for ₦15,000 cash. Prepare the company's cash book.

Answer Options

A. ₦50,000
Correct Answer B. ₦60,000
C. ₦70,000
D. ₦80,000
Correct Answer
B
Correct Option:
₦60,000

About This Question

This is Post Utme Delsu 2021 Accounting Question 18. It is one of the objective questions from the 2021 Post Utme Delsu Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support