Post Utme Osustech 2021 Accounting Question 17

Practice objective / multiple choice question 17 from the 2021 Post Utme Osustech Accounting examination.

Post Utme Osustech 2021 Accounting Objective / Multiple Choice
Question 17 POST_UTME_OSUSTECH • 2021 • ACCOUNTING • objective

A company's balance sheet shows an increase in non-current liabilities of ₦100,000 and an increase in non-current assets of ₦150,000. What is the net increase in long-term financing?

Answer Options

A. ₦50,000
Correct Answer B. ₦100,000
C. ₦150,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦100,000

About This Question

This is Post Utme Osustech 2021 Accounting Question 17. It is one of the objective questions from the 2021 Post Utme Osustech Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support