Determine the current liabilities.

Balance sheet (Extract)

Creditors                                            ₦7,940
Prepaid expenses                            ₦290
Accrual expenses                            ₦323
Stock                                                   ₦4,500
Cash balance                                   ₦4,956
Debtors                                              ₦905

Determine the current liabilities.

Options

A) ₦8,553

B) ₦8,263 >>>>>>>>>

C) ₦7,940

D) ₦1,228

The correct answer is B.

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