Post Utme Oau 2022 Accounting Question 36

Practice objective / multiple choice question 36 from the 2022 Post Utme Oau Accounting examination.

Post Utme Oau 2022 Accounting Objective / Multiple Choice
Question 36 POST_UTME_OAU • 2022 • ACCOUNTING • objective

A company's incomplete records show the following transactions: Debit: ₦10,000, Credit: ₦12,000. What is the correct journal entry for this transaction?

Answer Options

A. Debit: ₦10,000, Credit: ₦12,000
Correct Answer B. Debit: ₦12,000, Credit: ₦10,000
C. Debit: ₦10,000, Credit: ₦10,000
D. Debit: ₦12,000, Credit: ₦12,000
Correct Answer
B
Correct Option:
Debit: ₦12,000, Credit: ₦10,000

About This Question

This is Post Utme Oau 2022 Accounting Question 36. It is one of the objective questions from the 2022 Post Utme Oau Accounting examination.

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