Post Utme Rhema University 2017 Accounting Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2017 Accounting Objective / Multiple Choice

Question 24 POST_UTME_RHEMA_UNIVERSITY • 2017 • ACCOUNTING • objective

A company uses the single-entry system of accounting. The company's cash book shows a debit balance of ₦120,000. Prepare a single-entry ledger account for the cash.

Answer Options

Correct Answer A. Cash Ledger Account

B. Bank Ledger Account

C. Accounts Payable Ledger Account

D. Accounts Receivable Ledger Account

Correct Answer

Correct Option:

Cash Ledger Account

About This Question

This is Post Utme Rhema University 2017 Accounting Question 24. It is one of the objective questions from the 2017 Post Utme Rhema University Accounting examination.

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