Post Utme Madonna University 2018 Accounting Question 31

Practice objective / multiple choice question 31 from the 2018 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2018 Accounting Objective / Multiple Choice
Question 31 POST_UTME_MADONNA_UNIVERSITY • 2018 • ACCOUNTING • objective

A company uses the single-entry system of accounting. The following transactions were recorded during the year: Depreciation on a machine: ₦10,000 Interest on a loan: ₦5,000 Rent paid: ₦20,000 Salaries paid: ₦30,000 What is the total amount of expenses recorded by the company?

Answer Options

A. ₦65,000
B. ₦65,000
C. ₦65,000
Correct Answer D. ₦65,000
Correct Answer
D
Correct Option:
₦65,000

About This Question

This is Post Utme Madonna University 2018 Accounting Question 31. It is one of the objective questions from the 2018 Post Utme Madonna University Accounting examination.

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