Post Utme Veritas University 2024 Accounting Question 25

Practice objective / multiple choice question 25 from the 2024 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2024 Accounting Objective / Multiple Choice
Question 25 POST_UTME_VERITAS_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has the following transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | 10,000 | | | 2 Jan | Equipment | | 10,000 | | 3 Jan | Rent Expense | | 1,000 | | 4 Jan | Utilities Expense | | 500 | | 5 Jan | Salaries Expense | | 2,000 | What is the total amount of expenses for the month of January?

Answer Options

Correct Answer A. ₦4,500
B. ₦4,000
C. ₦3,500
D. ₦3,000
Correct Answer
A
Correct Option:
₦4,500

About This Question

This is Post Utme Veritas University 2024 Accounting Question 25. It is one of the objective questions from the 2024 Post Utme Veritas University Accounting examination.

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