Post Utme Rsu 2023 Accounting Question 35

Practice objective / multiple choice question 35 from the 2023 Post Utme Rsu Accounting examination.

Post Utme Rsu 2023 Accounting Objective / Multiple Choice
Question 35 POST_UTME_RSU • 2023 • ACCOUNTING • objective

A company uses the self-balancing ledger system. The company's accounts payable account shows a balance of ₦50,000. The company also has an account receivable of ₦30,000 and an account payable of ₦20,000. What is the company's net working capital?

Answer Options

A. ₦80,000
B. ₦90,000
Correct Answer C. ₦100,000
D. ₦110,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Rsu 2023 Accounting Question 35. It is one of the objective questions from the 2023 Post Utme Rsu Accounting examination.

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