Post Utme Unilorin 2018 Accounting Question 31
Practice objective / multiple choice question 31 from the 2018 Post Utme Unilorin Accounting examination.
The following is a statement of financial position for a manufacturing company as at 31st December 2017: Assets: Cash and Bank Balances: ₦125,000 Trade Debtors: ₦150,000 Stock-in-Trade: ₦200,000 Plant and Machinery: ₦300,000 Accumulated Depreciation: ₦100,000 Total Assets: ₦875,000 Liabilities: Trade Creditors: ₦120,000 Capital Employed: ₦755,000 Total Liabilities: ₦875,000 What is the amount of working capital for the company as at 31st December 2017?
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About This Question
This is Post Utme Unilorin 2018 Accounting Question 31. It is one of the objective questions from the 2018 Post Utme Unilorin Accounting examination.
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