Post Utme Oau 2020 Accounting Question 34

Practice objective / multiple choice question 34 from the 2020 Post Utme Oau Accounting examination.

Post Utme Oau 2020 Accounting Objective / Multiple Choice
Question 34 POST_UTME_OAU • 2020 • ACCOUNTING • objective

A company has a public sector account for the provision of a service. The revenue from the service is ₦1,500,000 and the expenditure on the service is ₦1,200,000. Calculate the surplus or deficit.

Answer Options

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

About This Question

This is Post Utme Oau 2020 Accounting Question 34. It is one of the objective questions from the 2020 Post Utme Oau Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support