WAEC - Accounts Principles Of Accounts (2022 - No. 2)
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
Explanation
Total current asset = 35,000 + 18,000 + 12,850
= 65,850
= 65,850
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