Post Utme Ksu 2025 Accounting Question 30

Practice objective / multiple choice question 30 from the 2025 Post Utme Ksu Accounting examination.

Post Utme Ksu 2025 Accounting Objective / Multiple Choice
Question 30 POST_UTME_KSU • 2025 • ACCOUNTING • objective

A company uses the double-entry system to record its transactions. The company has a debit of ₦10,000 and a credit of ₦5,000. What is the net effect on the company's equity?

Answer Options

Correct Answer A. Increase of ₦5,000
B. Decrease of ₦5,000
C. Increase of ₦10,000
D. Decrease of ₦10,000
Correct Answer
A
Correct Option:
Increase of ₦5,000

About This Question

This is Post Utme Ksu 2025 Accounting Question 30. It is one of the objective questions from the 2025 Post Utme Ksu Accounting examination.

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