Post Utme Lasu 2017 Accounting Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Lasu Accounting examination.

Post Utme Lasu 2017 Accounting Objective / Multiple Choice
Question 33 POST_UTME_LASU • 2017 • ACCOUNTING • objective

A company's balance sheet shows an increase in its current assets of ₦500,000 and a decrease in its current liabilities of ₦200,000. What is the net increase in working capital?

Answer Options

Correct Answer A. ₦300,000
B. ₦400,000
C. ₦500,000
D. ₦600,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Lasu 2017 Accounting Question 33. It is one of the objective questions from the 2017 Post Utme Lasu Accounting examination.

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