Post Utme Igbinedion University 2018 Accounting Question 19

Practice objective / multiple choice question 19 from the 2018 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2018 Accounting Objective / Multiple Choice
Question 19 POST_UTME_IGBINEDION_UNIVERSITY • 2018 • ACCOUNTING • objective

A government agency has the following transactions related to its public sector accounting: 1. Received revenue from taxes: ₦500,000 2. Paid salaries to employees: ₦300,000 3. Purchased office supplies: ₦20,000 4. Transferred funds to another government agency: ₦100,000 What is the total amount of revenue received?

Answer Options

Correct Answer A. ₦500,000
B. ₦600,000
C. ₦700,000
D. ₦800,000
Correct Answer
A
Correct Option:
₦500,000

About This Question

This is Post Utme Igbinedion University 2018 Accounting Question 19. It is one of the objective questions from the 2018 Post Utme Igbinedion University Accounting examination.

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