Post Utme Uniport 2025 Accounting Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Uniport Accounting examination.

Post Utme Uniport 2025 Accounting Objective / Multiple Choice
Question 9 POST_UTME_UNIPORT • 2025 • ACCOUNTING • objective

A company has the following transactions: Purchased office equipment for ₦80,000, Sold goods for ₦120,000, and Paid rent of ₦20,000. Prepare the journal entries for these transactions.

Answer Options

Correct Answer A. Debit Office Equipment ₦80,000, Credit Cash ₦80,000; Debit Sales ₦120,000, Credit Cash ₦120,000; Debit Rent Expense ₦20,000, Credit Cash ₦20,000
B. Debit Office Equipment ₦80,000, Credit Bank ₦80,000; Debit Sales ₦120,000, Credit Bank ₦120,000; Debit Rent Expense ₦20,000, Credit Cash ₦20,000
C. Debit Office Equipment ₦80,000, Credit Cash ₦80,000; Debit Sales ₦120,000, Credit Bank ₦120,000; Debit Rent Expense ₦20,000, Credit Cash ₦20,000
D. Debit Office Equipment ₦80,000, Credit Bank ₦80,000; Debit Sales ₦120,000, Credit Cash ₦120,000; Debit Rent Expense ₦20,000, Credit Bank ₦20,000
Correct Answer
A
Correct Option:
Debit Office Equipment ₦80,000, Credit Cash ₦80,000; Debit Sales ₦120,000, Credit Cash ₦120,000; Debit Rent Expense ₦20,000, Credit Cash ₦20,000

About This Question

This is Post Utme Uniport 2025 Accounting Question 9. It is one of the objective questions from the 2025 Post Utme Uniport Accounting examination.

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