Post Utme Wellspring University 2019 Accounting Question 12

Practice objective / multiple choice question 12 from the 2019 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2019 Accounting Objective / Multiple Choice
Question 12 POST_UTME_WELLSPRING_UNIVERSITY • 2019 • ACCOUNTING • objective

A company uses the double-entry system of accounting. Which of the following is an example of a journal entry?

Answer Options

A. Debit Cash and Credit Accounts Payable.
Correct Answer B. Credit Cash and Debit Accounts Payable.
C. Debit Accounts Payable and Credit Cash.
D. Credit Accounts Payable and Debit Cash.
Correct Answer
B
Correct Option:
Credit Cash and Debit Accounts Payable.

About This Question

This is Post Utme Wellspring University 2019 Accounting Question 12. It is one of the objective questions from the 2019 Post Utme Wellspring University Accounting examination.

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