Post Utme Futo 2021 Accounting Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Futo Accounting examination.

Post Utme Futo 2021 Accounting Objective / Multiple Choice
Question 35 POST_UTME_FUTO • 2021 • ACCOUNTING • objective

A public sector organization has the following accounts: Revenue ₦ 100,000; Expenditure ₦ 80,000; Capital ₦ 50,000. What is the total amount of the organization's assets?

Answer Options

Correct Answer A. ₦ 230,000
B. ₦ 240,000
C. ₦ 250,000
D. ₦ 260,000
Correct Answer
A
Correct Option:
₦ 230,000

About This Question

This is Post Utme Futo 2021 Accounting Question 35. It is one of the objective questions from the 2021 Post Utme Futo Accounting examination.

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