Post Utme Oau 2021 Accounting Question 23

Practice objective / multiple choice question 23 from the 2021 Post Utme Oau Accounting examination.

Post Utme Oau 2021 Accounting Objective / Multiple Choice
Question 23 POST_UTME_OAU • 2021 • ACCOUNTING • objective

A company's balance sheet shows an increase in its current assets of ₦500,000 and a decrease in its current liabilities of ₦200,000. What is the net increase in the company's working capital?

Answer Options

A. ₦300,000
B. ₦400,000
Correct Answer C. ₦500,000
D. ₦600,000
Correct Answer
C
Correct Option:
₦500,000

About This Question

This is Post Utme Oau 2021 Accounting Question 23. It is one of the objective questions from the 2021 Post Utme Oau Accounting examination.

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