Post Utme Summit University 2025 Accounting Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Summit University Accounting examination.

Post Utme Summit University 2025 Accounting Objective / Multiple Choice
Question 39 POST_UTME_SUMMIT_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has the following transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 | Cash | 10,000 | | | 2 | Equipment | | 8,000 | | 3 | Rent | 2,000 | | | 4 | Sales | | 12,000 | What is the company's total expenses?

Answer Options

A. ₦12,000
B. ₦14,000
Correct Answer C. ₦16,000
D. ₦18,000
Correct Answer
C
Correct Option:
₦16,000

About This Question

This is Post Utme Summit University 2025 Accounting Question 39. It is one of the objective questions from the 2025 Post Utme Summit University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support