Post Utme Uniosun 2017 Accounting Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2017 Accounting Objective / Multiple Choice

Question 33 POST_UTME_UNIOSUN • 2017 • ACCOUNTING • objective

A public sector organization has the following transactions: Revenue: ₦10,000, Expenditure: ₦8,000. What is the net effect of these transactions on the organization's financial position?

Answer Options

Correct Answer A. ₦2,000 surplus

B. ₦2,000 deficit

C. ₦8,000 surplus

D. ₦8,000 deficit

Correct Answer

Correct Option:

₦2,000 surplus

About This Question

This is Post Utme Uniosun 2017 Accounting Question 33. It is one of the objective questions from the 2017 Post Utme Uniosun Accounting examination.

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