Post Utme Ksu 2023 Accounting Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Ksu Accounting examination.

Post Utme Ksu 2023 Accounting Objective / Multiple Choice
Question 24 POST_UTME_KSU • 2023 • ACCOUNTING • objective

A government ministry received a grant of ₦500,000 from the federal government. The ministry spent ₦300,000 on a project and ₦100,000 on salaries. Calculate the ministry's remaining balance.

Answer Options

A. ₦100,000
Correct Answer B. ₦200,000
C. ₦300,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Ksu 2023 Accounting Question 24. It is one of the objective questions from the 2023 Post Utme Ksu Accounting examination.

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