Post Utme Igbinedion University 2025 Accounting Question 11
Practice objective / multiple choice question 11 from the 2025 Post Utme Igbinedion University Accounting examination.
A company uses the double-entry system to record its transactions. The company has a debit balance of ₦150,000 in its accounts payable account and a credit balance of ₦120,000 in its accounts receivable account. What is the net effect on the company's equity?
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This is Post Utme Igbinedion University 2025 Accounting Question 11. It is one of the objective questions from the 2025 Post Utme Igbinedion University Accounting examination.
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