Post Utme Unn 2020 Accounting Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Unn Accounting examination.

Post Utme Unn 2020 Accounting Objective / Multiple Choice
Question 28 POST_UTME_UNN • 2020 • ACCOUNTING • objective

A company has a trade receivable balance of ₦1,000,000 and a trade payable balance of ₦500,000. What is the company's net trade position?

Answer Options

Correct Answer A. ₦500,000
B. ₦750,000
C. ₦1,000,000
D. ₦1,250,000
Correct Answer
A
Correct Option:
₦500,000

About This Question

This is Post Utme Unn 2020 Accounting Question 28. It is one of the objective questions from the 2020 Post Utme Unn Accounting examination.

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