Post Utme Unilorin 2018 Accounting Question 40
Practice objective / multiple choice question 40 from the 2018 Post Utme Unilorin Accounting examination.
A government agency has the following transactions in its ledger: Debit: ₦100,000 to Cash, ₦150,000 to Accounts Payable. Credit: ₦120,000 to Accounts Receivable, ₦180,000 to Salaries Expense. What is the net effect of these transactions on the government agency's assets?
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About This Question
This is Post Utme Unilorin 2018 Accounting Question 40. It is one of the objective questions from the 2018 Post Utme Unilorin Accounting examination.
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