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O-LevelCommerceFinance7100/11 · Oct/Nov 2023 · Q371 Mark

The table shows some of the balances in the accounts of a business. $ capital 50 000 premises 100 000 stock 10000 cash 10000 debtors 15000 creditors 10000 What is the total value of the current assets?

A$10000

B$20 000

C$30 000

D$35000

✓ Correct answer

D: $35000

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About this question

Topic: Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2023 Paper 1 Variant 1, question 37.

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