Accounts - Principles of Accounts
JAMB 2021
Use the information below to answer this question:
i. cash at bank ii. cash in hand iii. premises iv. land v. creditors vi. loan from friends/bank
What are the current assets?
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A.
i and v
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B.
i and ii
-
C.
ii and iv
-
D.
iii and v
Correct Answer: Option B
Explanation
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