Post Utme Abu 2017 Accounting Question 29

Practice objective / multiple choice question 29 from the 2017 Post Utme Abu Accounting examination.

Post Utme Abu 2017 Accounting Objective / Multiple Choice
Question 29 POST_UTME_ABU • 2017 • ACCOUNTING • objective

A company's balance sheet shows a current asset of ₦500,000 and a current liability of ₦300,000. What is the company's working capital?

Answer Options

Correct Answer A. ₦200,000
B. ₦300,000
C. ₦500,000
D. ₦700,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Abu 2017 Accounting Question 29. It is one of the objective questions from the 2017 Post Utme Abu Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support