Balance sheet (Extract)
Creditors #7,940
Prepaid expenses # 290
Accrual expenses # 323
Stock #4,500
Cash balance #4,956
Debtors # 905
A. #8,553
B. #8,263
C. #7,940
D. #1,228
Correct Answer:
Option B – #8,263
Balance sheet (Extract)
Creditors #7,940
Prepaid expenses # 290
Accrual expenses # 323
Stock #4,500
Cash balance #4,956
Debtors # 905
A. #8,553
B. #8,263
C. #7,940
D. #1,228
Correct Answer:
Option B – #8,263
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