They company’s net current assets amount to?

Use the information below to answer questions 25 and26.

Zazzau Company:

Cash in hand…………….N50
Cash in bank…………….N1 250
Stock…………………..N4 880
Furniture……………….N9 60
Building………………..N5 500
Debtor………………….N1 750
Creditors……………….N2 150

Drawings of N125 were made by the shareholders of the company.

They company’s net current assets amount to?

A N5 780

B N5 70

C N6 580

D N7 930

Answer is A

Follow me on twitter @campusflava for free cash giveaway ( School fees support, Full waec, jamb, neco app activation etc)

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: