Post Utme Ui 2025 Accounting Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Ui Accounting examination.

Post Utme Ui 2025 Accounting Objective / Multiple Choice

Question 32 POST_UTME_UI • 2025 • ACCOUNTING • objective

A company's trial balance shows a debit balance of ₦50,000 in the account 'Office Expenses'. What is the correct treatment of this account in the final accounts?

Correct Answer A. Expensed in the profit and loss account

B. Capitalized as an asset

C. Treated as a liability

D. Treated as a revenue

Correct Answer

Correct Option:

Expensed in the profit and loss account

This is Post Utme Ui 2025 Accounting Question 32. It is one of the objective questions from the 2025 Post Utme Ui Accounting examination.

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