Post Utme Joseph Ayo Babalola University 2020 Accounting Question 2
Practice objective / multiple choice question 2 from the 2020 Post Utme Joseph Ayo Babalola University Accounting examination.
A company uses the double-entry system of accounting. The following transactions are recorded in the journal: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | 10,000 | | | 1 Jan | Equipment | | 10,000 | | 15 Jan | Rent | | 5,000 | | 20 Jan | Sales | | 15,000 | What is the total amount of the debit entries?
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This is Post Utme Joseph Ayo Babalola University 2020 Accounting Question 2. It is one of the objective questions from the 2020 Post Utme Joseph Ayo Babalola University Accounting examination.
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