Post Utme Mountain Top University 2018 Accounting Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2018 Accounting Objective / Multiple Choice

Question 9 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's cash book showed the following transactions:

Answer Options

Correct Answer A. Debit Cash ₦ 10,000, Credit Bank ₦ 10,000

B. Debit Bank ₦ 10,000, Credit Cash ₦ 10,000

C. Debit Cash ₦ 10,000, Credit Accounts Payable ₦ 10,000

D. Debit Accounts Payable ₦ 10,000, Credit Cash ₦ 10,000

Correct Answer

Correct Option:

Debit Cash ₦ 10,000, Credit Bank ₦ 10,000

About This Question

This is Post Utme Mountain Top University 2018 Accounting Question 9. It is one of the objective questions from the 2018 Post Utme Mountain Top University Accounting examination.

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