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Use the following information to answer the given questio...

Use the following information to answer the given question


N10,000 ordinary shares of N1 eachN10,0005,000 5% preference shares of N1 eachN5,000Profit and loss accountN8,0008% debenture10,000creditors3,000Bank overdraft2,000Plants and machinery10,000Plant and machinery10,000Furniture and fittings8,000stock8,000debtors5,000
What is the total of current assets?

A.

N15,000

B.

N13,000

C.

N11,000

D.

N8,000

E.

N5,000

Correct answer is B

No explanation has been provided for this answer.