Post Utme Unn 2020 Accounting Question 7

Practice objective / multiple choice question 7 from the 2020 Post Utme Unn Accounting examination.

Post Utme Unn 2020 Accounting Objective / Multiple Choice
Question 7 POST_UTME_UNN • 2020 • ACCOUNTING • objective

A company has the following ledger balances at the end of the year:

Answer Options

A. Debit 10,000 and Credit 10,000
B. Debit 5,000 and Credit 5,000
Correct Answer C. Debit 15,000 and Credit 15,000
D. Debit 20,000 and Credit 20,000
Correct Answer
C
Correct Option:
Debit 15,000 and Credit 15,000

About This Question

This is Post Utme Unn 2020 Accounting Question 7. It is one of the objective questions from the 2020 Post Utme Unn Accounting examination.

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