Post Utme Ims U 2019 Accounting Question 4

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

Post Utme Ims U 2019 Accounting Objective / Multiple Choice
Question 4 POST_UTME_IMS_U • 2019 • ACCOUNTING • objective

A company uses the following accounts in its ledger: Cash, Accounts Payable, Sales Revenue, Cost of Goods Sold, and Common Stock. What type of account is Sales Revenue?

Answer Options

A. Asset
B. Liability
C. Equity
Correct Answer D. Revenue
Correct Answer
D
Correct Option:
Revenue

About This Question

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

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