Post Utme Pan Atlantic University 2023 Accounting Question 11

Practice objective / multiple choice question 11 from the 2023 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2023 Accounting Objective / Multiple Choice
Question 11 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2023 • ACCOUNTING • objective

A company uses the single-entry system of accounting. The company's accountant has recorded the following transactions in the journal: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | 10,000 | | | 2 Jan | Equipment | | 8,000 | | 3 Jan | Rent | | 2,000 | What is the total amount of assets recorded in the journal?

Answer Options

Correct Answer A. 12,000
B. 10,000
C. 8,000
D. 2,000
Correct Answer
A
Correct Option:
12,000

About This Question

This is Post Utme Pan Atlantic University 2023 Accounting Question 11. It is one of the objective questions from the 2023 Post Utme Pan Atlantic University Accounting examination.

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