Post Utme Ims U 2022 Accounting Question 2

Practice objective / multiple choice question 2 from the 2022 Post Utme Ims U Accounting examination.

Post Utme Ims U 2022 Accounting Objective / Multiple Choice
Question 2 POST_UTME_IMS_U • 2022 • ACCOUNTING • objective

A public sector organization has the following transactions for the year ended December 31, 2022: - Sale of goods: ₦1,500,000 - Purchase of goods: ₦1,200,000 - Wages: ₦300,000 - Rent: ₦150,000 What is the total revenue for the year?

Answer Options

Correct Answer A. ₦1,500,000
B. ₦1,800,000
C. ₦2,000,000
D. ₦2,500,000
Correct Answer
A
Correct Option:
₦1,500,000

About This Question

This is Post Utme Ims U 2022 Accounting Question 2. It is one of the objective questions from the 2022 Post Utme Ims U Accounting examination.

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