Post Utme Bowen University 2021 Accounting Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2021 Accounting Objective / Multiple Choice
Question 18 POST_UTME_BOWEN_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's balance sheet shows a current asset of ₦50,000 in the account 'Accounts Receivable' and a current liability of ₦30,000 in the account 'Accounts Payable'. What is the net working capital?

Answer Options

Correct Answer A. ₦20,000
B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Bowen University 2021 Accounting Question 18. It is one of the objective questions from the 2021 Post Utme Bowen University Accounting examination.

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