Post Utme Lautech 2023 Accounting Question 11

Practice objective / multiple choice question 11 from the 2023 Post Utme Lautech Accounting examination.

Post Utme Lautech 2023 Accounting Objective / Multiple Choice
Question 11 POST_UTME_LAUTECH • 2023 • ACCOUNTING • objective

In a single-entry system, a company records the following transactions: (1) Cash received from customers (2) Goods sold to customers (3) Goods purchased from suppliers (4) Cash paid to suppliers What is the correct order of recording these transactions?

Answer Options

Correct Answer A. (1), (2), (3), (4)
B. (1), (3), (2), (4)
C. (1), (2), (4), (3)
D. (1), (3), (4), (2)
Correct Answer
A
Correct Option:
(1), (2), (3), (4)

About This Question

This is Post Utme Lautech 2023 Accounting Question 11. It is one of the objective questions from the 2023 Post Utme Lautech Accounting examination.

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