Post Utme Futa 2019 Accounting Question 19

Practice objective / multiple choice question 19 from the 2019 Post Utme Futa Accounting examination.

Post Utme Futa 2019 Accounting Objective / Multiple Choice
Question 19 POST_UTME_FUTA • 2019 • ACCOUNTING • objective

A company's balance sheet as at 31st December 20X7 is as follows: Fixed Assets ₦1,500,000; Current Assets ₦1,200,000; Capital and Reserves ₦2,000,000; Debentures ₦500,000. Calculate the amount of working capital.

Answer Options

A. ₦1,700,000
Correct Answer B. ₦1,800,000
C. ₦1,900,000
D. ₦2,000,000
Correct Answer
B
Correct Option:
₦1,800,000

About This Question

This is Post Utme Futa 2019 Accounting Question 19. It is one of the objective questions from the 2019 Post Utme Futa Accounting examination.

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