Post Utme Nile University 2023 Accounting Question 34
Practice objective / multiple choice question 34 from the 2023 Post Utme Nile University Accounting examination.
A company uses the self-balancing ledger system. The ledger has two accounts, A and B. Account A has a debit balance of ₦100,000 and account B has a credit balance of ₦50,000. If a transaction is posted that increases account A by ₦20,000 and decreases account B by ₦10,000, what is the new balance of account A?
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About This Question
This is Post Utme Nile University 2023 Accounting Question 34. It is one of the objective questions from the 2023 Post Utme Nile University Accounting examination.
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