Post Utme Skyline University 2017 Accounting Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2017 Accounting Objective / Multiple Choice
Question 25 POST_UTME_SKYLINE_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's trial balance shows a debit balance of ₦20,000 in the 'Rent and Utilities' account. What is the corresponding credit entry in the 'Accrued Expenses' account?

Answer Options

A. ₦10,000
B. ₦15,000
Correct Answer C. ₦20,000
D. ₦25,000
Correct Answer
C
Correct Option:
₦20,000

About This Question

This is Post Utme Skyline University 2017 Accounting Question 25. It is one of the objective questions from the 2017 Post Utme Skyline University Accounting examination.

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