Post Utme Unn 2025 Accounting Question 38

Practice objective / multiple choice question 38 from the 2025 Post Utme Unn Accounting examination.

Post Utme Unn 2025 Accounting Objective / Multiple Choice
Question 38 POST_UTME_UNN • 2025 • ACCOUNTING • objective

A company has the following journal entries: | Date | Account | Debit | Credit | | --- | --- | --- | --- | | 1st Jan 2024 | Cash | ₦50,000 | | | 1st Jan 2024 | Sales Revenue | | ₦200,000 | | 31st Dec 2024 | Cost of Goods Sold | ₦150,000 | | What is the correct balance for the Sales Revenue account?

Answer Options

Correct Answer A. ₦200,000
B. ₦250,000
C. ₦300,000
D. ₦350,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Unn 2025 Accounting Question 38. It is one of the objective questions from the 2025 Post Utme Unn Accounting examination.

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