Post Utme Osustech 2022 Accounting Question 38

Practice objective / multiple choice question 38 from the 2022 Post Utme Osustech Accounting examination.

Post Utme Osustech 2022 Accounting Objective / Multiple Choice
Question 38 POST_UTME_OSUSTECH • 2022 • ACCOUNTING • objective

A company uses the single-entry system of accounting. The company's assets at the beginning of the year were ₦500,000, and the assets at the end of the year were ₦700,000. What is the total amount of revenue earned by the company during the year?

Answer Options

Correct Answer A. ₦200,000
B. ₦300,000
C. ₦400,000
D. ₦500,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Osustech 2022 Accounting Question 38. It is one of the objective questions from the 2022 Post Utme Osustech Accounting examination.

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