Post Utme Mountain Top University 2021 Accounting Question 20
Practice objective / multiple choice question 20 from the 2021 Post Utme Mountain Top University Accounting examination.
A company's trading account for the year ended December 31, 2022, shows a profit of ₦1,500,000. The balance sheet as at December 31, 2022, shows a current asset of ₦2,500,000 and a non-current asset of ₦3,000,000. The company's equity as at December 31, 2022, is ₦6,500,000. What is the amount of the company's current asset?
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About This Question
This is Post Utme Mountain Top University 2021 Accounting Question 20. It is one of the objective questions from the 2021 Post Utme Mountain Top University Accounting examination.
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