Post Utme Elizade University 2024 Accounting Question 42

Practice objective / multiple choice question 42 from the 2024 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2024 Accounting Objective / Multiple Choice
Question 42 POST_UTME_ELIZADE_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's balance sheet shows an increase in current liabilities of ₦50,000 and an increase in non-current liabilities of ₦20,000. What is the net increase in liabilities?

Answer Options

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

About This Question

This is Post Utme Elizade University 2024 Accounting Question 42. It is one of the objective questions from the 2024 Post Utme Elizade University Accounting examination.

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