Use the information below to answer questions .
(i) Cash at bank (ii) Cash in hand (iii) Premises
(iv) Land (v)Creditors (vi)loan from friends/bank.
What are the current assets?
A i and ii
B i and v
C ii and iv
D iii and v
Answer is A
Tutors, Past Questions and Projects.
Use the information below to answer questions .
(i) Cash at bank (ii) Cash in hand (iii) Premises
(iv) Land (v)Creditors (vi)loan from friends/bank.
What are the current assets?
A i and ii
B i and v
C ii and iv
D iii and v
Answer is A
