Post Utme Afe Babalola University 2023 Accounting Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2023 Accounting Objective / Multiple Choice
Question 18 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2023 • ACCOUNTING • objective

A public sector organization has the following transactions for the year ended December 31, 2022: Revenue: ₦1,200,000, Expenditure: ₦800,000, and Capital Expenditure: ₦300,000. Prepare the organization's statement of financial performance.

Answer Options

A. ₦400,000
Correct Answer B. ₦600,000
C. ₦800,000
D. ₦1,200,000
Correct Answer
B
Correct Option:
₦600,000

About This Question

This is Post Utme Afe Babalola University 2023 Accounting Question 18. It is one of the objective questions from the 2023 Post Utme Afe Babalola University Accounting examination.

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