Post Utme Oau 2022 Accounting Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Oau Accounting examination.

Post Utme Oau 2022 Accounting Objective / Multiple Choice

Question 33 POST_UTME_OAU • 2022 • ACCOUNTING • objective

A company's ledger shows the following balances: Debit: ₦50,000, Credit: ₦60,000. What is the correct ledger account for this transaction?

A. Debit: ₦50,000, Credit: ₦60,000

Correct Answer B. Debit: ₦60,000, Credit: ₦50,000

C. Debit: ₦50,000, Credit: ₦50,000

D. Debit: ₦60,000, Credit: ₦60,000

Correct Answer

Correct Option:

Debit: ₦60,000, Credit: ₦50,000

This is Post Utme Oau 2022 Accounting Question 33. It is one of the objective questions from the 2022 Post Utme Oau Accounting examination.

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