Post Utme Delsu 2022 Accounting Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Delsu Accounting examination.

Post Utme Delsu 2022 Accounting Objective / Multiple Choice

Question 13 POST_UTME_DELSU • 2022 • ACCOUNTING • objective

A company's ledger shows the following transactions: Debit: ₦10,000; Credit: ₦8,000. What is the net effect of these transactions on the company's assets?

Answer Options

Correct Answer A. Increase assets by ₦2,000

B. Decrease assets by ₦2,000

C. Increase assets by ₦8,000

D. Decrease assets by ₦10,000

Correct Answer

Correct Option:

Increase assets by ₦2,000

About This Question

This is Post Utme Delsu 2022 Accounting Question 13. It is one of the objective questions from the 2022 Post Utme Delsu Accounting examination.

View More Post Utme Delsu 2022 Accounting Questions More Post Utme Delsu Practice Questions Back to Questions

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