Post Utme Lead City University 2022 Accounting Question 8
Practice objective / multiple choice question 8 from the 2022 Post Utme Lead City University Accounting examination.
A company's balance sheet as at 31st December 2022 is as follows: ₦150,000 in cash, ₦100,000 in accounts receivable, ₦50,000 in inventory, ₦20,000 in prepaid rent, ₦30,000 in accounts payable, and ₦40,000 in long-term debt. Calculate the company's working capital.
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About This Question
This is Post Utme Lead City University 2022 Accounting Question 8. It is one of the objective questions from the 2022 Post Utme Lead City University Accounting examination.
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