Post Utme Unn 2024 Accounting Question 34

Practice objective / multiple choice question 34 from the 2024 Post Utme Unn Accounting examination.

Post Utme Unn 2024 Accounting Objective / Multiple Choice
Question 34 POST_UTME_UNN • 2024 • ACCOUNTING • objective

A company has the following transactions: Issued 10,000, 5% debentures of ₦100 each at a discount of 5%. Purchased goods for ₦50,000 on credit. Sold goods for ₦60,000 on credit. Prepare a cash book and a sales ledger account.

Answer Options

A. ₦1,500,000
B. ₦1,600,000
Correct Answer C. ₦1,700,000
D. ₦1,800,000
Correct Answer
C
Correct Option:
₦1,700,000

About This Question

This is Post Utme Unn 2024 Accounting Question 34. It is one of the objective questions from the 2024 Post Utme Unn Accounting examination.

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