Post Utme Bsu 2023 Accounting Question 19

Practice objective / multiple choice question 19 from the 2023 Post Utme Bsu Accounting examination.

Post Utme Bsu 2023 Accounting Objective / Multiple Choice
Question 19 POST_UTME_BSU • 2023 • ACCOUNTING • objective

A government agency receives a grant of ₦1,500,000 to construct a road. The agency incurs expenses of ₦1,200,000 and receives a refund of ₦300,000 from the contractor. Calculate the net expenditure on the road.

Answer Options

Correct Answer A. ₦900,000
B. ₦1,000,000
C. ₦1,100,000
D. ₦1,200,000
Correct Answer
A
Correct Option:
₦900,000

About This Question

This is Post Utme Bsu 2023 Accounting Question 19. It is one of the objective questions from the 2023 Post Utme Bsu Accounting examination.

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