Post Utme Summit University 2019 Accounting Question 44

Practice objective / multiple choice question 44 from the 2019 Post Utme Summit University Accounting examination.

Post Utme Summit University 2019 Accounting Objective / Multiple Choice
Question 44 POST_UTME_SUMMIT_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has the following transactions in its ledger: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1st Jan | Purchases | ₦10,000 | | | 2nd Jan | Purchases | ₦5,000 | | | 3rd Jan | Purchases | | ₦15,000 | What is the balance of the purchases account?

Answer Options

A. ₦5,000
B. ₦10,000
Correct Answer C. ₦15,000
D. ₦20,000
Correct Answer
C
Correct Option:
₦15,000

About This Question

This is Post Utme Summit University 2019 Accounting Question 44. It is one of the objective questions from the 2019 Post Utme Summit University Accounting examination.

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