Balance sheet (Extract) Creditors #7,940 Prepaid expenses # 290 Accrual expenses # 323 Stock #4,500
FINANCIAL
JAMB 2014
Balance sheet (Extract)
Creditors #7,940
Prepaid expenses # 290
Accrual expenses # 323
Stock #4,500
Cash balance #4,956
Debtors # 905
Determine the current liabilities
- A. #8,553
- B. #8,263
- C. #7,940
- D. #1,228
Correct Answer: B. #8,263
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