Post Utme Esut 2018 Accounting Question 39

Practice objective / multiple choice question 39 from the 2018 Post Utme Esut Accounting examination.

Post Utme Esut 2018 Accounting Objective / Multiple Choice
Question 39 POST_UTME_ESUT • 2018 • ACCOUNTING • objective

A government agency has the following transactions: Purchase of office equipment ₦200,000; Purchase of land ₦500,000; Sale of land ₦300,000. What is the net increase in assets?

Answer Options

Correct Answer A. ₦400,000
B. ₦300,000
C. ₦200,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦400,000

About This Question

This is Post Utme Esut 2018 Accounting Question 39. It is one of the objective questions from the 2018 Post Utme Esut Accounting examination.

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