NECO Accounting 2024 Theory — Question 12
Question 12 of 17 from the National Examinations Council (NECO) Accounting 2024 Theory paper, with the correct answer and a full explanation.
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Question 6(b). Calculate the revenue for the federal/central government for the year 2021.
Model answer
Revenue for Federal Government = 30% of Total Revenue = 0.30 x $1,436,000,000 = $430,800,000.
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