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Given:(i) the consolidation revenue fund balance b/d: ₦650 000 (ii) issue fr...


Question

Given:

(i) the consolidation revenue fund balance b/d: ₦650 000
(ii) issue from contingency fund amount to: ₦240 000
(iii) amount transferred to contingency fund is: ₦210 000

What is the consolidation revenue fund balance?

Options

A)
₦1, 100 000
B)
₦680 000
C)
₦440 000
D)
₦410 000

The correct answer is B.


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