Post Utme Pan Atlantic University 2023 Accounting Question 20

Practice objective / multiple choice question 20 from the 2023 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2023 Accounting Objective / Multiple Choice
Question 20 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has the following transactions related to its accounts receivable: Sale of goods on credit = ₦150,000; Collection of accounts receivable = ₦120,000; Write-off of bad debt = ₦10,000. Determine the net realizable value of accounts receivable.

Answer Options

A. ₦140,000
B. ₦130,000
Correct Answer C. ₦120,000
D. ₦110,000
Correct Answer
C
Correct Option:
₦120,000

About This Question

This is Post Utme Pan Atlantic University 2023 Accounting Question 20. It is one of the objective questions from the 2023 Post Utme Pan Atlantic University Accounting examination.

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