Post Utme Elizade University 2020 Accounting Question 3

Practice objective / multiple choice question 3 from the 2020 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2020 Accounting Objective / Multiple Choice
Question 3 POST_UTME_ELIZADE_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's balance sheet shows a current asset of ₦200,000 in the account 'Accounts Receivable' and a current liability of ₦150,000 in the account 'Accounts Payable'. What is the net working capital of the company?

Answer Options

Correct Answer A. ₦50,000
B. ₦100,000
C. ₦150,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Elizade University 2020 Accounting Question 3. It is one of the objective questions from the 2020 Post Utme Elizade University Accounting examination.

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