Post Utme Uniben 2025 Accounting Question 19

Practice objective / multiple choice question 19 from the 2025 Post Utme Uniben Accounting examination.

Post Utme Uniben 2025 Accounting Objective / Multiple Choice
Question 19 POST_UTME_UNIBEN • 2025 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2024 is as follows: Assets: Cash £ 100,000 Debtors £ 200,000 Stock £ 300,000 Prepaid Rent £ 20,000 Total Assets £ 620,000 Liabilities: Creditors £ 150,000 Capital £ 200,000 Total Liabilities £ 350,000 What is the amount of the company's net current assets?

Answer Options

A. £ 270,000
B. £ 280,000
C. £ 290,000
Correct Answer D. £ 300,000
Correct Answer
D
Correct Option:
£ 300,000

About This Question

This is Post Utme Uniben 2025 Accounting Question 19. It is one of the objective questions from the 2025 Post Utme Uniben Accounting examination.

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