Post Utme Delsu 2025 Accounting Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Delsu Accounting examination.

Post Utme Delsu 2025 Accounting Objective / Multiple Choice

Question 29 POST_UTME_DELSU • 2025 • ACCOUNTING • objective

A company has the following journal entry: Debitors ₦1,000,000, Creditors ₦800,000, Capital ₦200,000. What is the net effect of the journal entry on the company's assets?

Answer Options

Correct Answer A. Increase by ₦200,000

B. Decrease by ₦200,000

C. No effect on assets

D. Increase by ₦800,000

Correct Answer

Correct Option:

Increase by ₦200,000

About This Question

This is Post Utme Delsu 2025 Accounting Question 29. It is one of the objective questions from the 2025 Post Utme Delsu Accounting examination.

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