Post Utme Uniosun 2020 Accounting Question 15

Practice objective / multiple choice question 15 from the 2020 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2020 Accounting Objective / Multiple Choice
Question 15 POST_UTME_UNIOSUN • 2020 • ACCOUNTING • objective

A government agency's income statement for the year ended 31st December 2020 showed total revenue of ₦2,000,000 and total expenses of ₦1,800,000. What is the agency's surplus as at 31st December 2020?

Answer Options

Correct Answer A. ₦200,000
B. ₦100,000
C. ₦0
D. -₦100,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Uniosun 2020 Accounting Question 15. It is one of the objective questions from the 2020 Post Utme Uniosun Accounting examination.

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