Question on: JAMB Accounting - 2002

NAFARA AND SONS Balance Sheet items as at 31st December, 1987.

Capital N74480

Creditors N15875

Prepaid expenses N580

Motor vehicles N34750

Furniture N35850

Accrued expenses N645

Stock N8100

Cash balances N9911

Debtors N1809

Compute the value of current assets?

A
N20400
B
N20465
C
N35695
D
N19820
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Correct Option: A

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