Post Utme Ksu 2020 Accounting Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Ksu Accounting examination.

Post Utme Ksu 2020 Accounting Objective / Multiple Choice
Question 18 POST_UTME_KSU • 2020 • ACCOUNTING • objective

A company's balance sheet shows a current liability of ₦150,000. What is the correct classification of this liability?

Answer Options

A. Non-current liability
Correct Answer B. Current liability
C. Equity
D. Asset
Correct Answer
B
Correct Option:
Current liability

About This Question

This is Post Utme Ksu 2020 Accounting Question 18. It is one of the objective questions from the 2020 Post Utme Ksu Accounting examination.

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