by: Admin_LouisPosted on:

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

A #8,553

B #8,263

C #7,940

D #1,228

Answer is B

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