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Given:Balance at 31st December ............₦14,744mTreasury Bills issued Jan-D...


Question

Given:

Balance at 31st December ............₦14,744m

Treasury Bills issued Jan-Dec........₦7124m

Revenue for the year ................₦6387m

Expenditure .........................₦8767m

What is the opening balance on the consolidated revenue fund account?

Options

A) ₦10,000m

B) ₦12,000m

C) ₦90,000m

D) ₦11,000m

The correct answer is A.


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