Post Utme Oau 2020 Accounting Question 5

Practice objective / multiple choice question 5 from the 2020 Post Utme Oau Accounting examination.

Post Utme Oau 2020 Accounting Objective / Multiple Choice
Question 5 POST_UTME_OAU • 2020 • ACCOUNTING • objective

A company's trial balance as at December 31, 2022, shows the following: Accounts payable = ₦1,500,000, Accounts receivable = ₦2,000,000, and Inventory = ₦3,000,000. What is the company's total current assets?

Answer Options

Correct Answer A. ₦6,500,000
B. ₦6,000,000
C. ₦5,500,000
D. ₦5,000,000
Correct Answer
A
Correct Option:
₦6,500,000

About This Question

This is Post Utme Oau 2020 Accounting Question 5. It is one of the objective questions from the 2020 Post Utme Oau Accounting examination.

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