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JAMB Accounting 2018 Objective — Question 11

Question 11 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2018 Objective paper, with the correct answer and a full explanation.

Determine the current liabilities

A. #8,553
B. #8,263Correct
C. #7,940
D. #1,228

Explanation

Current liabilities = Creditors + Accrual expenses = 7,940+323 = 8,263.

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