by: Admin_LouisPosted on:

The value of the current assets will be

Balance sheet (Extract)

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

The value of the current assets will be

A #10,361

B #10,651

C #17,396

D #17,848

Answer is B

Related posts:

  1. The accounting entries to record a cheque issued by a business is to
  2. how much will be paid assuming prompt payment was made?
  3. The value of the sales ledger control account is derived from the summation of
  4. What is the cost price of the goods sent to the branch

Leave a Reply

MEET OVER 2000 NOUN STUDENTS HERE. 

Join us for latest NOUN UPDATES and Free TMA answers posted by students on our Telegram. 

OUR ONLINE TUTORIAL CLASS IS NOW ON!!! JOIN US NOW. 
JOIN NOW!
close-link
%d bloggers like this: