Post Utme Rsu 2024 Accounting Question 19

Practice objective / multiple choice question 19 from the 2024 Post Utme Rsu Accounting examination.

Post Utme Rsu 2024 Accounting Objective / Multiple Choice
Question 19 POST_UTME_RSU • 2024 • ACCOUNTING • objective

A company has a departmental account for its manufacturing department. The department has a balance of ₦50,000 in the beginning of the year. During the year, the department incurs a loss of ₦20,000. What is the balance in the departmental account at the end of the year?

Answer Options

Correct Answer A. ₦30,000
B. ₦40,000
C. ₦50,000
D. ₦60,000
Correct Answer
A
Correct Option:
₦30,000

About This Question

This is Post Utme Rsu 2024 Accounting Question 19. It is one of the objective questions from the 2024 Post Utme Rsu Accounting examination.

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