Post Utme Esut 2020 Accounting Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Esut Accounting examination.

Post Utme Esut 2020 Accounting Objective / Multiple Choice
Question 12 POST_UTME_ESUT • 2020 • ACCOUNTING • objective

A company's balance sheet shows an increase in its current assets by ₦50,000 and a decrease in its current liabilities by ₦20,000. Calculate the net increase in working capital.

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 Esut 2020 Accounting Question 12. It is one of the objective questions from the 2020 Post Utme Esut 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