Use the following information to answer this question
GH¢
Monthly rent payable 3,000
Rent paid on 01/01/2018 48,000
A. current asset of GH¢36,000
B. current asset of GH¢12,000
C. current liability of GH¢12,000
D. current liability of GH¢48,000
Correct Answer:
Option B – current asset of GH¢12,000
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