Post Utme Oau 2022 Accounting Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Oau Accounting examination.

Post Utme Oau 2022 Accounting Objective / Multiple Choice
Question 39 POST_UTME_OAU • 2022 • ACCOUNTING • objective

A company has a single entry system of accounting. The following transactions were recorded in the journal: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | 1,000 | | | 2 Jan | Equipment | | 800 | | 3 Jan | Cash | | 200 | What is the total value of the company's assets at the end of the first week?

Answer Options

Correct Answer A. ₦1,200
B. ₦1,800
C. ₦2,000
D. ₦2,200
Correct Answer
A
Correct Option:
₦1,200

About This Question

This is Post Utme Oau 2022 Accounting Question 39. It is one of the objective questions from the 2022 Post Utme Oau Accounting examination.

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