Post Utme Ims U 2025 Accounting Question 36
Practice objective / multiple choice question 36 from the 2025 Post Utme Ims U Accounting examination.
A company uses the single-entry system of accounting. The following transactions occurred during the year: Transaction 1: Purchased office equipment for ₦120,000. Transaction 2: Sold goods for ₦250,000. Transaction 3: Paid rent for the year ₦150,000. What is the total debit balance in the single-entry system?
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About This Question
This is Post Utme Ims U 2025 Accounting Question 36. It is one of the objective questions from the 2025 Post Utme Ims U Accounting examination.
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