Post Utme Caleb University 2019 Accounting Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2019 Accounting Objective / Multiple Choice
Question 24 POST_UTME_CALEB_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's trial balance shows a debit balance of ₦1,200,000 in the accounts receivable account. If the company's balance sheet shows a credit balance of ₦900,000 in the accounts payable account, what is the company's net working capital?

Answer Options

Correct Answer A. ₦300,000
B. ₦600,000
C. ₦900,000
D. ₦1,200,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Caleb University 2019 Accounting Question 24. It is one of the objective questions from the 2019 Post Utme Caleb University Accounting examination.

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