Question on: JAMB Accounting - 2014

Balance sheet (Extract)

Creditors #7,940

Prepaid expenses # 290

Accrual expenses # 323

Stock #4,500

Cash balance #4,956

Debtors # 905

Determine the current liabilities

A
#8,553
B
#8,263
C
#7,940
D
#1,228
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Correct Option: B

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