Post Utme Aaua 2023 Accounting Question 8

Practice objective / multiple choice question 8 from the 2023 Post Utme Aaua Accounting examination.

Post Utme Aaua 2023 Accounting Objective / Multiple Choice
Question 8 POST_UTME_AAUA • 2023 • ACCOUNTING • objective

A company prepares its financial statements using the accrual basis of accounting. If the company has accounts payable of ₦150,000 and accounts receivable of ₦200,000, what is the net working capital?

Answer Options

A. ₦50,000
Correct Answer B. ₦100,000
C. ₦150,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦100,000

About This Question

This is Post Utme Aaua 2023 Accounting Question 8. It is one of the objective questions from the 2023 Post Utme Aaua Accounting examination.

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