Post Utme Abu 2017 Accounting Question 26
Practice objective / multiple choice question 26 from the 2017 Post Utme Abu Accounting examination.
A company's trading account shows a profit of ₦1,500,000. The balance sheet shows a decrease in inventory of ₦200,000 and an increase in accounts payable of ₦300,000. What is the net effect on the company's cash position?
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About This Question
This is Post Utme Abu 2017 Accounting Question 26. It is one of the objective questions from the 2017 Post Utme Abu Accounting examination.
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