Post Utme Rsu 2024 Accounting Question 35

Practice objective / multiple choice question 35 from the 2024 Post Utme Rsu Accounting examination.

Post Utme Rsu 2024 Accounting Objective / Multiple Choice
Question 35 POST_UTME_RSU • 2024 • ACCOUNTING • objective

A company has the following transactions: purchased office equipment for ₦50,000, purchased office furniture for ₦30,000, and sold office equipment for ₦20,000. Calculate the net loss or gain from these transactions using the accounting equation.

Answer Options

A. ₦10,000
B. ₦10,000
C. ₦10,000
Correct Answer D. ₦10,000
Correct Answer
D
Correct Option:
₦10,000

About This Question

This is Post Utme Rsu 2024 Accounting Question 35. It is one of the objective questions from the 2024 Post Utme Rsu Accounting examination.

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