Post Utme Delsu 2024 Accounting Question 33

Practice objective / multiple choice question 33 from the 2024 Post Utme Delsu Accounting examination.

Post Utme Delsu 2024 Accounting Objective / Multiple Choice
Question 33 POST_UTME_DELSU • 2024 • ACCOUNTING • objective

A government agency has the following transactions: Revenue ₦1,000,000, Expenditure ₦800,000, and a loan of ₦200,000. What is the net result of these transactions?

Answer Options

Correct Answer A. ₦200,000 Surplus
B. ₦100,000 Surplus
C. ₦100,000 Deficit
D. ₦200,000 Deficit
Correct Answer
A
Correct Option:
₦200,000 Surplus

About This Question

This is Post Utme Delsu 2024 Accounting Question 33. It is one of the objective questions from the 2024 Post Utme Delsu Accounting examination.

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