Post Utme Rsu 2025 Accounting Question 36

Practice objective / multiple choice question 36 from the 2025 Post Utme Rsu Accounting examination.

Post Utme Rsu 2025 Accounting Objective / Multiple Choice
Question 36 POST_UTME_RSU • 2025 • ACCOUNTING • objective

A company uses the single-entry system of accounting. The following transactions occurred during the year: 1. Purchased office supplies for ₦10,000. 2. Collected cash from customers for ₦50,000. 3. Paid rent for ₦20,000. 4. Purchased a new computer for ₦30,000. What is the total amount of assets recorded in the ledger at the end of the year?

Answer Options

Correct Answer A. ₦60,000
B. ₦70,000
C. ₦80,000
D. ₦90,000
Correct Answer
A
Correct Option:
₦60,000

About This Question

This is Post Utme Rsu 2025 Accounting Question 36. It is one of the objective questions from the 2025 Post Utme Rsu Accounting examination.

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