Post Utme Ksu 2019 Accounting Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Ksu Accounting examination.

Post Utme Ksu 2019 Accounting Objective / Multiple Choice
Question 20 POST_UTME_KSU • 2019 • ACCOUNTING • objective

A government ministry has the following transactions for the year: Debit: Salaries ¦ 150,000, Rent ¦ 75,000, Depreciation ¦ 30,000, Capital Expenditure ¦ 150,000 Credit: Revenue ¦ 300,000, Other Income ¦ 45,000 Prepare the statement of changes in equity.

Answer Options

A. ¦ 180,000
B. ¦ 200,000
Correct Answer C. ¦ 220,000
D. ¦ 240,000
Correct Answer
C
Correct Option:
¦ 220,000

About This Question

This is Post Utme Ksu 2019 Accounting Question 20. It is one of the objective questions from the 2019 Post Utme Ksu Accounting examination.

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