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 liability is
D 301,500
D 258,500
D 264,350
D 280,000
Correct answer is A
Total current liability = 280,000 + 21,500
= 301,500
The journal has the following headings except ...
The financial position of an organization at a particular time can be ascertained from the ...
Which of the following item is found on the credit side of the sales ledger control account? ...
Net profit of a sole proprietor is transferred to the ...
Receipt and payment account discloses? ...
Which of the following is not part of prime cost of production? ...
Which of the following is the equivalent of the receipts payment accounts? ...
Which of the following is not a source document for recording sales? ...