Post Utme Noun 2024 Accounting Question 25

Practice objective / multiple choice question 25 from the 2024 Post Utme Noun Accounting examination.

Post Utme Noun 2024 Accounting Objective / Multiple Choice
Question 25 POST_UTME_NOUN • 2024 • ACCOUNTING • objective

A government agency received a grant of ₦1,000,000 to implement a project. The agency incurred the following expenses: salaries ₦300,000, travel ₦200,000, and equipment ₦500,000. Calculate the amount of the grant remaining after the expenses.

Answer Options

A. ₦0
B. ₦100,000
C. ₦200,000
Correct Answer D. ₦300,000
Correct Answer
D
Correct Option:
₦300,000

About This Question

This is Post Utme Noun 2024 Accounting Question 25. It is one of the objective questions from the 2024 Post Utme Noun Accounting examination.

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