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?

A.

N10,000m

B.

N12,000m

C.

N90,000m

D.

N11,000m

Correct answer is A

No explanation has been provided for this answer.