Post Utme Noun 2018 Accounting Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Noun Accounting examination.

Post Utme Noun 2018 Accounting Objective / Multiple Choice

Question 12 POST_UTME_NOUN • 2018 • ACCOUNTING • objective

A company has the following transactions: Purchased office supplies for ₦10,000, and paid salaries of ₦20,000. Prepare the journal entry for these transactions.

Correct Answer A. Debit Office Supplies ₦10,000, Credit Salaries ₦20,000

B. Debit Salaries ₦20,000, Credit Office Supplies ₦10,000

C. Debit Office Supplies ₦20,000, Credit Salaries ₦10,000

D. Debit Salaries ₦10,000, Credit Office Supplies ₦20,000

Correct Answer

Correct Option:

Debit Office Supplies ₦10,000, Credit Salaries ₦20,000

This is Post Utme Noun 2018 Accounting Question 12. It is one of the objective questions from the 2018 Post Utme Noun Accounting examination.

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