Post Utme Rsu 2023 Accounting Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Rsu Accounting examination.

Post Utme Rsu 2023 Accounting Objective / Multiple Choice
Question 34 POST_UTME_RSU • 2023 • ACCOUNTING • objective

A company uses the single-entry system. The company's cash account shows a balance of ₦100,000. The company also has an account receivable of ₦50,000 and an account payable of ₦20,000. What is the company's net working capital?

Answer Options

A. ₦130,000
B. ₦140,000
Correct Answer C. ₦150,000
D. ₦160,000
Correct Answer
C
Correct Option:
₦150,000

About This Question

This is Post Utme Rsu 2023 Accounting Question 34. It is one of the objective questions from the 2023 Post Utme Rsu Accounting examination.

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