Post Utme Noun 2021 Accounting Question 8

Practice objective / multiple choice question 8 from the 2021 Post Utme Noun Accounting examination.

Post Utme Noun 2021 Accounting Objective / Multiple Choice
Question 8 POST_UTME_NOUN • 2021 • ACCOUNTING • objective

A company uses a self-balancing ledger to record its transactions. The ledger shows the following balances: Cash ₦100,000, Debtors ₦200,000, Creditors ₦50,000. What is the company's net current assets?

Answer Options

Correct Answer A. ₦250,000
B. ₦200,000
C. ₦150,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦250,000

About This Question

This is Post Utme Noun 2021 Accounting Question 8. It is one of the objective questions from the 2021 Post Utme Noun Accounting examination.

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