Post Utme Ksu 2025 Accounting Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Ksu Accounting examination.

Post Utme Ksu 2025 Accounting Objective / Multiple Choice
Question 29 POST_UTME_KSU • 2025 • ACCOUNTING • objective

A government agency uses the accrual basis of accounting to record its transactions. The agency has a revenue of ₦10,000,000 and an expense of ₦5,000,000. What is the net income of the agency?

Answer Options

Correct Answer A. ₦5,000,000
B. ₦10,000,000
C. ₦15,000,000
D. ₦20,000,000
Correct Answer
A
Correct Option:
₦5,000,000

About This Question

This is Post Utme Ksu 2025 Accounting Question 29. It is one of the objective questions from the 2025 Post Utme Ksu Accounting examination.

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