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


Question

Given:

Balance at 31st December ............₦14,744mTreasury Bills issued Jan-Dec........₦7124mRevenue for the year ................₦6387mExpenditure .........................₦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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