Post Utme Madonna University 2022 Accounting Question 22

Practice objective / multiple choice question 22 from the 2022 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2022 Accounting Objective / Multiple Choice
Question 22 POST_UTME_MADONNA_UNIVERSITY • 2022 • ACCOUNTING • objective

A company uses the Single Entry System of accounting. Which of the following accounts would be classified as a 'current liability'?

Answer Options

A. Accounts Receivable
B. Notes Payable
Correct Answer C. Salaries Payable
D. Prepaid Rent
Correct Answer
C
Correct Option:
Salaries Payable

About This Question

This is Post Utme Madonna University 2022 Accounting Question 22. It is one of the objective questions from the 2022 Post Utme Madonna University Accounting examination.

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