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JAMB Accounting 2011 Objective — Question 14

Question 14 of 49 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2011 Objective paper, with the correct answer and a full explanation.

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[Same information as above] Find the current assets.

  • A. A. III and V
  • B. B. II and I
  • C. C. IV and V
  • D. D. I and VCorrect

Explanation

The current assets are stock of goods and cash at bank (I and V).

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