Post Utme Nile University 2020 Accounting Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Nile University Accounting examination.

Post Utme Nile University 2020 Accounting Objective / Multiple Choice
Question 38 POST_UTME_NILE_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's ledger accounts show the following balances:

Answer Options

Correct Answer A. Debit 10,000 and Credit 10,000
B. Credit 10,000 and Debit 10,000
C. Debit 5,000 and Credit 5,000
D. Credit 5,000 and Debit 5,000
Correct Answer
A
Correct Option:
Debit 10,000 and Credit 10,000

About This Question

This is Post Utme Nile University 2020 Accounting Question 38. It is one of the objective questions from the 2020 Post Utme Nile University Accounting examination.

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