Post Utme Unilorin 2023 Accounting Question 31

Practice objective / multiple choice question 31 from the 2023 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2023 Accounting Objective / Multiple Choice
Question 31 POST_UTME_UNILORIN • 2023 • ACCOUNTING • objective

A government agency uses the accrual basis of accounting. The following transactions occurred during the year: Salaries paid: ₦20,000 Rent paid: ₦15,000 What is the total amount of expenses recorded in the accrual basis?

Answer Options

A. ₦35,000
B. ₦40,000
C. ₦45,000
Correct Answer D. ₦50,000
Correct Answer
D
Correct Option:
₦50,000

About This Question

This is Post Utme Unilorin 2023 Accounting Question 31. It is one of the objective questions from the 2023 Post Utme Unilorin Accounting examination.

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