GCE Accounting 2022 Objective — Question 49
Question 49 of 50 from the General Certificate of Education (GCE) Accounting 2022 Objective paper, with the correct answer and a full explanation.
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Using the information in Q48, the total current asset is
- A. D367,350
- B. D345,850
- C. D87,850
- D. D65,850Correct
Explanation
Total current assets = Stock + Debtors + Cash = 35,000 + 18,000 + 12,850 = D65,850.
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