Post Utme Lautech 2018 Accounting Question 28

Practice objective / multiple choice question 28 from the 2018 Post Utme Lautech Accounting examination.

Post Utme Lautech 2018 Accounting Objective / Multiple Choice
Question 28 POST_UTME_LAUTECH • 2018 • ACCOUNTING • objective

A company's balance sheet shows an increase in current liabilities of ₦50,000 and a decrease in current assets of ₦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 Lautech 2018 Accounting Question 28. It is one of the objective questions from the 2018 Post Utme Lautech Accounting examination.

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