Post Utme Lautech 2022 Accounting Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Lautech Accounting examination.

Post Utme Lautech 2022 Accounting Objective / Multiple Choice
Question 39 POST_UTME_LAUTECH • 2022 • ACCOUNTING • objective

A company has the following liabilities: Accounts Payable ₦50,000, Salaries Payable ₦20,000, and Long-term Debt ₦100,000. What is the total amount of current liabilities?

Answer Options

A. ₦70,000
B. ₦80,000
C. ₦90,000
Correct Answer D. ₦100,000
Correct Answer
D
Correct Option:
₦100,000

About This Question

This is Post Utme Lautech 2022 Accounting Question 39. It is one of the objective questions from the 2022 Post Utme Lautech Accounting examination.

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