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Which of the following transactions will increase business assets.

Book Keeping
WAEC 2024

Which of the following transactions will increase business assets.

  • A. payment to trade creditors
  • B. additional liability incured
  • C. stock drawings for private use
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Correct Answer: Option C
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now