Post Utme Lead City University 2024 Accounting Question 20

Practice objective / multiple choice question 20 from the 2024 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2024 Accounting Objective / Multiple Choice

Question 20 POST_UTME_LEAD_CITY_UNIVERSITY • 2024 • ACCOUNTING • objective

A government agency has the following transactions: Revenue ₦500,000, Expenditure ₦400,000, and a transfer of ₦100,000 to a special fund. What is the agency's net surplus?

Answer Options

A. ₦100,000

Correct Answer B. ₦200,000

C. ₦300,000

D. ₦400,000

Correct Answer

Correct Option:

₦200,000

About This Question

This is Post Utme Lead City University 2024 Accounting Question 20. It is one of the objective questions from the 2024 Post Utme Lead City University Accounting examination.

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