Post Utme Unilorin 2024 Accounting Question 2

Practice objective / multiple choice question 2 from the 2024 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2024 Accounting Objective / Multiple Choice
Question 2 POST_UTME_UNILORIN • 2024 • ACCOUNTING • objective

A public sector organization has the following transactions for the year ended December 31, 2024: - Received ₦1,000,000 from the government for a grant. - Paid ₦500,000 for salaries. - Collected ₦200,000 from customers. - Paid ₦300,000 for rent. What is the total revenue for the year?

Answer Options

Correct Answer A. ₦1,200,000
B. ₦1,300,000
C. ₦1,400,000
D. ₦1,500,000
Correct Answer
A
Correct Option:
₦1,200,000

About This Question

This is Post Utme Unilorin 2024 Accounting Question 2. It is one of the objective questions from the 2024 Post Utme Unilorin Accounting examination.

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