Post Utme Rsu 2020 Accounting Question 34

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

Post Utme Rsu 2020 Accounting Objective / Multiple Choice
Question 34 POST_UTME_RSU • 2020 • ACCOUNTING • objective

A government agency has the following transactions during the year: Debit: Salaries ₦10,000, Travel Allowance ₦0,000, Office Expenses ₦5,000, Capital Expenditure ₦10,000 Credit: Revenue ₦10,000, Grants ₦0,000, Depreciation ₦5,000, Accrued Expenses ₦10,000 What is the net surplus of the agency?

Answer Options

Correct Answer A. ₦0,000
B. ₦5,000
C. ₦10,000
D. ₦15,000
Correct Answer
A
Correct Option:
₦0,000

About This Question

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

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