Post Utme Madonna University 2017 Accounting Question 5

Practice objective / multiple choice question 5 from the 2017 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2017 Accounting Objective / Multiple Choice
Question 5 POST_UTME_MADONNA_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's balance sheet shows an increase in current assets of ₦300,000. The increase is due to an increase in accounts receivable of ₦200,000 and an increase in inventory of ₦100,000.

Answer Options

A. ₦200,000
Correct Answer B. ₦300,000
C. ₦400,000
D. ₦500,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Madonna University 2017 Accounting Question 5. It is one of the objective questions from the 2017 Post Utme Madonna University Accounting examination.

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