Post Utme Joseph Ayo Babalola University 2018 Accounting Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2018 Accounting Objective / Multiple Choice
Question 27 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2018 • ACCOUNTING • objective

A business entity uses the single-entry system of accounting. The following transactions occurred during the year: Purchased office equipment for ₦120,000; sold goods for ₦150,000; and paid rent of ₦30,000. Prepare the ledger account for the office equipment.

Answer Options

Correct Answer A. Office Equipment Ledger
B. Rent Ledger
C. Sales Ledger
D. Purchases Ledger
Correct Answer
A
Correct Option:
Office Equipment Ledger

About This Question

This is Post Utme Joseph Ayo Babalola University 2018 Accounting Question 27. It is one of the objective questions from the 2018 Post Utme Joseph Ayo Babalola University Accounting examination.

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