Post Utme Unn 2022 Accounting Question 2

Practice objective / multiple choice question 2 from the 2022 Post Utme Unn Accounting examination.

Post Utme Unn 2022 Accounting Objective / Multiple Choice
Question 2 POST_UTME_UNN • 2022 • ACCOUNTING • objective

What is the correct journal entry for the following transaction: 'Draw cash from bank for office expenses'?

Answer Options

Correct Answer A. Debit Cash, Credit Office Expenses
B. Debit Office Expenses, Credit Cash
C. Debit Office Expenses, Debit Cash
D. Credit Office Expenses, Debit Cash
Correct Answer
A
Correct Option:
Debit Cash, Credit Office Expenses

About This Question

This is Post Utme Unn 2022 Accounting Question 2. It is one of the objective questions from the 2022 Post Utme Unn Accounting examination.

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