Post Utme Wellspring University 2020 Accounting Question 49

Practice objective / multiple choice question 49 from the 2020 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2020 Accounting Objective / Multiple Choice
Question 49 POST_UTME_WELLSPRING_UNIVERSITY • 2020 • ACCOUNTING • objective

A company has a debt of ₦500,000 and a credit of ₦200,000. What is the net debt?

Answer Options

A. ₦300,000
Correct Answer B. ₦400,000
C. ₦500,000
D. ₦600,000
Correct Answer
B
Correct Option:
₦400,000

About This Question

This is Post Utme Wellspring University 2020 Accounting Question 49. It is one of the objective questions from the 2020 Post Utme Wellspring University Accounting examination.

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