Post Utme Uniport 2020 Accounting Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Uniport Accounting examination.

Post Utme Uniport 2020 Accounting Objective / Multiple Choice
Question 38 POST_UTME_UNIPORT • 2020 • ACCOUNTING • objective

A company has the following ledger balances: Debit Accounts Payable 10,000 Credit Accounts Receivable 8,000 Prepare the journal entry to record the sale of goods on account.

Answer Options

A. Debit Accounts Receivable 8,000, Credit Sales 8,000
B. Debit Sales 8,000, Credit Accounts Receivable 8,000
Correct Answer C. Debit Accounts Receivable 8,000, Credit Sales 8,000
D. Debit Sales 8,000, Credit Accounts Receivable 8,000
Correct Answer
C
Correct Option:
Debit Accounts Receivable 8,000, Credit Sales 8,000

About This Question

This is Post Utme Uniport 2020 Accounting Question 38. It is one of the objective questions from the 2020 Post Utme Uniport Accounting examination.

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