Use the following information to answer the question below

   D
Motor vehicle  500000
Stock   35000
Debtors  18000
Cash  12850
Bank Overdraft  280000
Creditors   21500

A. D 65,850
B. D 367,350
C. D 345,850
D. D 87,850

Correct Answer:

Option A = D 65,850

Explanation

Total current asset = 35,000 + 18,000 + 12,850

= 65,850

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