Post Utme Uniport 2018 Accounting Question 11

Practice objective / multiple choice question 11 from the 2018 Post Utme Uniport Accounting examination.

Post Utme Uniport 2018 Accounting Objective / Multiple Choice
Question 11 POST_UTME_UNIPORT • 2018 • ACCOUNTING • objective

A company uses the double entry system of accounting. The following transactions were recorded during the month of January:

Answer Options

A. Debit Cash and Credit Accounts Payable
Correct Answer B. Debit Accounts Payable and Credit Cash
C. Debit Cash and Credit Accounts Receivable
D. Debit Accounts Receivable and Credit Cash
Correct Answer
B
Correct Option:
Debit Accounts Payable and Credit Cash

About This Question

This is Post Utme Uniport 2018 Accounting Question 11. It is one of the objective questions from the 2018 Post Utme Uniport Accounting examination.

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