Post Utme Osustech 2025 Accounting Question 7
Practice objective / multiple choice question 7 from the 2025 Post Utme Osustech Accounting examination.
A company uses the double-entry system to record its transactions. The company's ledger shows the following accounts: Cash, Accounts Payable, and Sales Revenue. The company's journal entries are as follows: Debit Cash ₦10,000, Credit Accounts Payable ₦10,000; Debit Sales Revenue ₦20,000, Credit Cash ₦20,000. What is the correct balance in the Cash account?
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About This Question
This is Post Utme Osustech 2025 Accounting Question 7. It is one of the objective questions from the 2025 Post Utme Osustech Accounting examination.
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