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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