Post Utme Futo 2017 Accounting Question 17

Practice objective / multiple choice question 17 from the 2017 Post Utme Futo Accounting examination.

Post Utme Futo 2017 Accounting Objective / Multiple Choice
Question 17 POST_UTME_FUTO • 2017 • ACCOUNTING • objective

A government ministry has the following transactions for the year ended December 31, 2022: - Received ₦1,200,000 from the federal government for a project. - Paid ₦800,000 to a contractor for work done. - Paid ₦300,000 to a supplier for materials purchased. - Received ₦200,000 from a donor for a charity event. Prepare the ministry's cash flow statement for the year ended December 31, 2022.

Answer Options

Correct Answer A. ₦1,200,000 (₦800,000) (₦300,000) (₦200,000)
B. ₦1,200,000 (₦800,000) (₦300,000)
C. ₦1,200,000 (₦800,000)
D. ₦1,200,000
Correct Answer
A
Correct Option:
₦1,200,000 (₦800,000) (₦300,000) (₦200,000)

About This Question

This is Post Utme Futo 2017 Accounting Question 17. It is one of the objective questions from the 2017 Post Utme Futo Accounting examination.

View More Post Utme Futo 2017 Accounting Questions More Post Utme Futo Practice Questions Back to Questions

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