Post Utme Elizade University 2022 Accounting Question 38

Practice objective / multiple choice question 38 from the 2022 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2022 Accounting Objective / Multiple Choice
Question 38 POST_UTME_ELIZADE_UNIVERSITY • 2022 • ACCOUNTING • objective

A company has the following transactions: Purchased office supplies for 1,000, Purchased equipment for 10,000, and Paid salaries of 5,000. Prepare the ledger accounts to record these transactions.

Answer Options

A. Office Supplies 1,000, Equipment 10,000, Salaries Expense 5,000
Correct Answer B. Office Supplies 1,000, Equipment 10,000, Salaries Expense 5,000
C. Office Supplies 1,000, Equipment 10,000, Salaries Expense 5,000
D. Office Supplies 1,000, Equipment 10,000, Salaries Expense 5,000
Correct Answer
B
Correct Option:
Office Supplies 1,000, Equipment 10,000, Salaries Expense 5,000

About This Question

This is Post Utme Elizade University 2022 Accounting Question 38. It is one of the objective questions from the 2022 Post Utme Elizade University Accounting examination.

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