JAMB - Commerce (2022 - No. 50)
Examples of current assets are
cash and trade debtors
cash and trade creditors
trade debtors, trade creditors and cash
trade creditors and trade debtors
Explanation
Current assets are assets which are usually held for the a short period of time for the purpose of conversion in the ordinary course of business e.g stock, cash in hand/bank, bills receivable, debtors etc
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