Gce Model Questions Vol1 2025 Financial Accounting Question 25

Below is the opening trial balance of DEF Co. (all amounts in \(\text{₦}\)). Cash Dr \(20{,}000\); Bank Dr \(5{,}000\); Accounts Receivable Dr \(8{,}000\); Inventory Dr \(12{,}000\); Equipment Dr \(30{,}000\); Accumulated Depreciation - Equipment Cr \(6{,}000\); Accounts Payable Cr \(9{,}000\); Bank Loan Cr \(15{,}000\); Capital Cr \(45{,}000\); Sales Revenue Cr \(50{,}000\); Cost of Goods Sold Dr \(25{,}000\); Rent Expense Dr \(4{,}000\); Utilities Expense Dr \(1{,}200\); Advertising Expense Dr \(?\). The trial balance is balanced. During the period the following transactions are posted: 1. Purchased inventory on credit for \(6{,}000\). 2. Sold goods costing \(10{,}000\) for cash \(15{,}000\). 3. Paid rent cash \(2{,}000\). 4. Received cash from a debtor \(3{,}000\) deposited in the bank. 5. Paid advertising cash \(5{,}000\). What is the final balance of Advertising Expense after all postings?