Post Utme Summit University 2018 Accounting Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Summit University Accounting examination.

Post Utme Summit University 2018 Accounting Objective / Multiple Choice
Question 33 POST_UTME_SUMMIT_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's balance sheet shows a current asset of ₦120,000 and a current liability of ₦90,000. What is the company's working capital?

Answer Options

Correct Answer A. ₦30,000
B. ₦60,000
C. ₦90,000
D. ₦120,000
Correct Answer
A
Correct Option:
₦30,000

About This Question

This is Post Utme Summit University 2018 Accounting Question 33. It is one of the objective questions from the 2018 Post Utme Summit University 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