Post Utme Redeemers University 2023 Accounting Question 8

Practice objective / multiple choice question 8 from the 2023 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2023 Accounting Objective / Multiple Choice
Question 8 POST_UTME_REDEEMERS_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has a self-balancing ledger with the following accounts: Cash 10,000, Accounts Payable 5,000, and Common Stock 20,000. Prepare the ledger accounts.

Answer Options

Correct Answer A. Cash 10,000, Accounts Payable 5,000, Common Stock 20,000
B. Cash 10,000, Accounts Payable 5,000, Common Stock 15,000
C. Cash 10,000, Accounts Payable 5,000, Common Stock 25,000
D. Cash 10,000, Accounts Payable 5,000, Common Stock 30,000
Correct Answer
A
Correct Option:
Cash 10,000, Accounts Payable 5,000, Common Stock 20,000

About This Question

This is Post Utme Redeemers University 2023 Accounting Question 8. It is one of the objective questions from the 2023 Post Utme Redeemers University Accounting examination.

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