Post Utme Eksu 2019 Accounting Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Eksu Accounting examination.

Post Utme Eksu 2019 Accounting Objective / Multiple Choice
Question 4 POST_UTME_EKSU • 2019 • ACCOUNTING • objective
Post Utme Eksu 2019 Accounting Question 4 diagram

A company has the following transactions during the month of February:

Answer Options

Correct Answer A. Debit Sales ₦30,000, Credit Cost of Goods Sold ₦30,000.
B. Debit Cost of Goods Sold ₦30,000, Credit Sales ₦30,000.
C. Debit Sales ₦40,000, Credit Cost of Goods Sold ₦40,000.
D. Debit Cost of Goods Sold ₦40,000, Credit Sales ₦40,000.
Correct Answer
A
Correct Option:
Debit Sales ₦30,000, Credit Cost of Goods Sold ₦30,000.

About This Question

This is Post Utme Eksu 2019 Accounting Question 4. It is one of the objective questions from the 2019 Post Utme Eksu Accounting examination.

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