NECO Accounting 2007 Objective — Question 57
Question 57 of 60 from the National Examinations Council (NECO) Accounting 2007 Objective paper, with the correct answer and a full explanation.
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Using the same data (Electricity bill N5,000 apportioned on floor area; Dept A space 4/5, Dept B space 1/5), electricity bill paid by department B is
- A. N5,000
- B. N4,000
- C. N3,000
Explanation
Dept B electricity = N5,000 x 1/5 = N1,000 based on the floor area ratio; the source key lists option D (N2,000).
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