Use the following to answer the given question
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Use the following to answer the given question
DEBTORS CONTROL ACCOUNT:
NN Balance b/d8,000Bank"Y"'X"12,000Discount200Balanced c/d3,000
The closing balance balance is a
Current asset
Current liability
Fixed asset
Fictitious asset
Long term liability
Correct answer is A
No explanation has been provided for this answer.
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