If Odukoya takes money out of business bank account for his own private use; the effect of the transaction is?

What are the current liabilities?

Use the information to answer the question below i Operating machines ii Furniture iii Fixtures and fitting iv Loan from friends V Creditors   A. i and ii B. iv and v C. iii and v D. ii and iv Correct Answer: Option B – iv and v Explanation Current...

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