Post Utme Summit University 2022 Accounting Question 9

Practice objective / multiple choice question 9 from the 2022 Post Utme Summit University Accounting examination.

Post Utme Summit University 2022 Accounting Objective / Multiple Choice
Question 9 POST_UTME_SUMMIT_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's balance sheet shows a current liability of ₦50,000. The company's cash flow statement shows a decrease in current liabilities of ₦20,000. What is the correct amount of current liabilities?

Answer Options

A. ₦30,000
B. ₦40,000
Correct Answer C. ₦50,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦50,000

About This Question

This is Post Utme Summit University 2022 Accounting Question 9. It is one of the objective questions from the 2022 Post Utme Summit University Accounting examination.

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