Post Utme Pan Atlantic University 2025 Accounting Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2025 Accounting Objective / Multiple Choice

Question 24 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has the following ledger balances at the end of the year:

Answer Options

A. Debit 10,000 and Credit 10,000

B. Debit 5,000 and Credit 5,000

Correct Answer C. Debit 15,000 and Credit 15,000

D. Debit 20,000 and Credit 20,000

Correct Answer

Correct Option:

Debit 15,000 and Credit 15,000

About This Question

This is Post Utme Pan Atlantic University 2025 Accounting Question 24. It is one of the objective questions from the 2025 Post Utme Pan Atlantic University Accounting examination.

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