Post Utme Futo 2025 Accounting Question 17

Practice objective / multiple choice question 17 from the 2025 Post Utme Futo Accounting examination.

Post Utme Futo 2025 Accounting Objective / Multiple Choice
Question 17 POST_UTME_FUTO • 2025 • ACCOUNTING • objective

A public sector organization has the following transactions: Purchase of office supplies worth ₦5,000, Payment of salaries worth ₦20,000, and Receipt of cash from customers worth ₦15,000. Prepare the journal entries for these transactions.

Answer Options

A. Debit Office Supplies ₦5,000, Credit Cash ₦5,000
B. Debit Salaries ₦20,000, Credit Cash ₦20,000
C. Debit Cash ₦15,000, Credit Sales ₦15,000
Correct Answer D. Debit Office Supplies ₦5,000, Debit Salaries ₦20,000, Credit Cash ₦25,000
Correct Answer
D
Correct Option:
Debit Office Supplies ₦5,000, Debit Salaries ₦20,000, Credit Cash ₦25,000

About This Question

This is Post Utme Futo 2025 Accounting Question 17. It is one of the objective questions from the 2025 Post Utme Futo Accounting examination.

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