Post Utme Osustech 2023 Accounting Question 38

Practice objective / multiple choice question 38 from the 2023 Post Utme Osustech Accounting examination.

Post Utme Osustech 2023 Accounting Objective / Multiple Choice
Question 38 POST_UTME_OSUSTECH • 2023 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2022 shows a current asset of ₦1,500,000 and a non-current asset of ₦3,000,000. The company's current liability is ₦1,000,000 and its non-current liability is ₦2,000,000. Calculate the company's net current asset.

Answer Options

A. ₦500,000
Correct Answer B. ₦1,000,000
C. ₦1,500,000
D. ₦2,000,000
Correct Answer
B
Correct Option:
₦1,000,000

About This Question

This is Post Utme Osustech 2023 Accounting Question 38. It is one of the objective questions from the 2023 Post Utme Osustech Accounting examination.

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