Post Utme Pan Atlantic University 2025 Accounting Question 31

Practice objective / multiple choice question 31 from the 2025 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2025 Accounting Objective / Multiple Choice

Question 31 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2025 • ACCOUNTING • objective

A company uses the double-entry system of accounting. The following transactions occurred during the month of January:

Answer Options

A. Debit Cash 1,000 and Credit Accounts Receivable 1,000

B. Debit Accounts Receivable 1,000 and Credit Cash 1,000

C. Debit Cash 1,000 and Credit Accounts Payable 1,000

D. Debit Accounts Payable 1,000 and Credit Cash 1,000

Correct Answer

N/A

About This Question

This is Post Utme Pan Atlantic University 2025 Accounting Question 31. It is one of the objective questions from the 2025 Post Utme Pan Atlantic University Accounting examination.

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