Post Utme Ksu 2021 Accounting Question 23

Practice objective / multiple choice question 23 from the 2021 Post Utme Ksu Accounting examination.

Post Utme Ksu 2021 Accounting Objective / Multiple Choice
Question 23 POST_UTME_KSU • 2021 • ACCOUNTING • objective

A company uses the accrual method of accounting. On December 31, 2022, it had the following accounts: Accounts Receivable: ₦20,000 Accounts Payable: ₦15,000 Salaries Payable: ₦5,000 What is the company's net working capital?

Answer Options

A. ₦10,000
Correct Answer B. ₦15,000
C. ₦20,000
D. ₦25,000
Correct Answer
B
Correct Option:
₦15,000

About This Question

This is Post Utme Ksu 2021 Accounting Question 23. It is one of the objective questions from the 2021 Post Utme Ksu Accounting examination.

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