Post Utme Uniben 2024 Accounting Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Uniben Accounting examination.

Post Utme Uniben 2024 Accounting Objective / Multiple Choice
Question 12 POST_UTME_UNIBEN • 2024 • ACCOUNTING • objective

A public sector organization has the following transactions for the year: Debit: Office Supplies N10,000, Salaries N50,000, Rent N20,000, Utilities N5,000 Credit: Office Supplies N5,000, Salaries N40,000, Rent N15,000, Utilities N3,000 What is the net expense for the year?

Answer Options

A. N5,000
Correct Answer B. N10,000
C. N15,000
D. N20,000
Correct Answer
B
Correct Option:
N10,000

About This Question

This is Post Utme Uniben 2024 Accounting Question 12. It is one of the objective questions from the 2024 Post Utme Uniben Accounting examination.

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