Post Utme Joseph Ayo Babalola University 2018 Accounting Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2018 Accounting Objective / Multiple Choice
Question 34 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2018 • ACCOUNTING • objective

A government agency received ₦1,000,000 as a grant from the federal government. The agency used ₦800,000 for operational expenses and ₦150,000 for capital expenditure. Calculate the amount of the grant that was unspent.

Answer Options

A. ₦50,000
B. ₦100,000
C. ₦200,000
Correct Answer D. ₦250,000
Correct Answer
D
Correct Option:
₦250,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2018 Accounting Question 34. It is one of the objective questions from the 2018 Post Utme Joseph Ayo Babalola University Accounting examination.

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