Question on: JAMB Accounting - 2009
Use the information to answer below to answer questions 7 and 8.
i Operating machines
ii Furniture
iii Fixtures and fitting
iv Loan from friends
V Creditors
What are the current liabilities?
i Operating machines
ii Furniture
iii Fixtures and fitting
iv Loan from friends
V Creditors
What are the current liabilities?
A
i and ii
B
iv and v
C
iii and v
D
ii and iv
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Correct Option: B
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