Post Utme Veritas University 2025 Accounting Question 12

Practice objective / multiple choice question 12 from the 2025 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2025 Accounting Objective / Multiple Choice
Question 12 POST_UTME_VERITAS_UNIVERSITY • 2025 • ACCOUNTING • objective

A government agency has the following transactions for the month of January: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Salaries | ₦50,000 | | | 5 Jan | Rent | | ₦20,000 | | 10 Jan | Utilities | ₦15,000 | | | 15 Jan | Miscellaneous | | ₦10,000 | | 20 Jan | Capital Expenditure | ₦30,000 | | What is the total amount of expenses for the month of January?

Answer Options

Correct Answer A. ₦105,000
B. ₦115,000
C. ₦125,000
D. ₦135,000
Correct Answer
A
Correct Option:
₦105,000

About This Question

This is Post Utme Veritas University 2025 Accounting Question 12. It is one of the objective questions from the 2025 Post Utme Veritas University Accounting examination.

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