Given:Balance at 31st December ............N14,744m Treasury Bills issued Jan-...
Question
Given:
Balance at 31st December ............N14,744m
Treasury Bills issued Jan-Dec........N7124m
Revenue for the year ................N6387m
Expenditure .........................N8767m
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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