Post Utme Wellspring University 2025 Accounting Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2025 Accounting Objective / Multiple Choice
Question 4 POST_UTME_WELLSPRING_UNIVERSITY • 2025 • ACCOUNTING • objective

A government agency has the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1/1 | Cash | ₦ 50,000 | | | 1/2 | Expenses | | ₦ 30,000 | | 1/3 | Cash | | ₦ 20,000 | | 1/4 | Expenses | ₦ 10,000 | | Prepare the government agency's ledger accounts for the month of January.

Answer Options

A. ₦80,000
B. ₦85,000
Correct Answer C. ₦90,000
D. ₦95,000
Correct Answer
C
Correct Option:
₦90,000

About This Question

This is Post Utme Wellspring University 2025 Accounting Question 4. It is one of the objective questions from the 2025 Post Utme Wellspring University Accounting examination.

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