Use of following information to answer questions below
D | |
Motor vehicle | 500000 |
Stock | 35000 |
Debtors | 18000 |
Cash | 12850 |
Bank overdraft | 280000 |
Creditors | 21500 |
The total current asset is
D 65,850
D 367,350
D 345,850
D 87,850
Correct answer is A
Total current asset = 35,000 + 18,000 + 12,850
= 65,850