Post Utme Lasu 2019 Accounting Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Lasu Accounting examination.

Post Utme Lasu 2019 Accounting Objective / Multiple Choice
Question 14 POST_UTME_LASU • 2019 • ACCOUNTING • objective

A company purchased a building for ₦500,000. The company also paid ₦20,000 for the architect's fees. Prepare the journal entry to record the purchase of the building.

Answer Options

Correct Answer A. ₦520,000
B. ₦520,000
C. ₦520,000
D. ₦520,000
Correct Answer
A
Correct Option:
₦520,000

About This Question

This is Post Utme Lasu 2019 Accounting Question 14. It is one of the objective questions from the 2019 Post Utme Lasu Accounting examination.

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