What is the consolidation revenue fund balance?
Given:
(i) the consolidation revenue fund balance b/d..N650 000
(ii) issue from contingency fund amount to……N240 000
(iii) amount transferred to contingency fund is.N210 000
What is the consolidation revenue fund balance?
A N1, 100 000
B N680 000
C N440 000
D N410 000
Answer is B
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