Use of following information to answer questions below
D | |
Motor vehicle | 500000 |
Stock | 35000 |
Debtors | 18000 |
Cash | 12850 |
Bank overdraft | 280000 |
Creditors | 21500 |
The total current liability is
D 301,500
D 258,500
D 264,350
D 280,000
Correct answer is A
Total current liability = 280,000 + 21,500
= 301,500
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