Post Utme Crawford University 2024 Accounting Question 34

Practice objective / multiple choice question 34 from the 2024 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2024 Accounting Objective / Multiple Choice
Question 34 POST_UTME_CRAWFORD_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has a cash account with a balance of ₦50,000. It also has a bank overdraft of ₦20,000. What is the company's net current asset position?

Answer Options

A. ₦30,000
B. ₦40,000
C. ₦50,000
Correct Answer D. ₦60,000
Correct Answer
D
Correct Option:
₦60,000

About This Question

This is Post Utme Crawford University 2024 Accounting Question 34. It is one of the objective questions from the 2024 Post Utme Crawford University 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