Post Utme Aaua 2025 Accounting Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Aaua Accounting examination.

Post Utme Aaua 2025 Accounting Objective / Multiple Choice
Question 9 POST_UTME_AAUA • 2025 • ACCOUNTING • objective

A government agency has the following transactions: a grant of ₦100,000 from the federal government, a loan of ₦50,000 from a commercial bank, and a grant of ₦20,000 from a state government. What is the total amount of grants received by the agency?

Answer Options

Correct Answer A. ₦120,000
B. ₦100,000
C. ₦80,000
D. ₦60,000
Correct Answer
A
Correct Option:
₦120,000

About This Question

This is Post Utme Aaua 2025 Accounting Question 9. It is one of the objective questions from the 2025 Post Utme Aaua Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support