Use the information below to answer questions 25 and26.

Zazzau Company:

Cash in hand................N50

Cash in bank................N1 250

Stock.......................N4 880

Furniture...................N9 60

Building....................N5 500

Debtor......................N1 750

Creditors...................N2 150

Drawings of N125 were made by the shareholders of the company.

They company's net current assets amount to?

  • A N5 780
  • B N5 70
  • C N6 580
  • D N7 930

The correct answer is A. N5 780

No explanation given
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