Post Utme Nile University 2024 Accounting Question 31

Practice objective / multiple choice question 31 from the 2024 Post Utme Nile University Accounting examination.

Post Utme Nile University 2024 Accounting Objective / Multiple Choice
Question 31 POST_UTME_NILE_UNIVERSITY • 2024 • ACCOUNTING • objective

A company uses the double-entry system to record transactions. Which of the following journal entries would be recorded in the general journal?

Answer Options

A. Debit Cash 1,000 and Credit Accounts Receivable 1,000
B. Debit Accounts Payable 1,000 and Credit Cash 1,000
C. Debit Sales Revenue 1,000 and Credit Accounts Receivable 1,000
Correct Answer D. Debit Accounts Receivable 1,000 and Credit Cash 1,000
Correct Answer
D
Correct Option:
Debit Accounts Receivable 1,000 and Credit Cash 1,000

About This Question

This is Post Utme Nile University 2024 Accounting Question 31. It is one of the objective questions from the 2024 Post Utme Nile University Accounting examination.

View More Post Utme Nile University 2024 Accounting Questions More Post Utme Nile University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support