Post Utme Unilorin 2018 Accounting Question 39
Practice objective / multiple choice question 39 from the 2018 Post Utme Unilorin Accounting examination.
A company has the following transactions in its ledger: Debit: ₦150,000 to Accounts Payable, ₦200,000 to Equipment. Credit: ₦120,000 to Cash, ₦180,000 to Salaries Expense. What is the net effect of these transactions on the company's liabilities?
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About This Question
This is Post Utme Unilorin 2018 Accounting Question 39. It is one of the objective questions from the 2018 Post Utme Unilorin Accounting examination.
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