NAFARA AND SONS Balance Sheet items as at 31st December, 1987.Capital ₦74480 ...
Question
NAFARA AND SONS Balance Sheet items as at 31st December, 1987.
Capital ₦74480
Creditors ₦15875
Prepaid expenses ₦580
Motor vehicles ₦34750
Furniture ₦35850
Accrued expenses ₦645
Stock ₦8100
Cash balances ₦9911
Debtors ₦1809
Compute the value of current assets?
Options
A)
₦20400
B)
₦20465
C)
₦35695
D)
₦19820
The correct answer is A.
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