Use of following information to answer questions below
D
Motor vehicle 500000
Stock 35000
Debtors 18000
Cash 12850
Bank overdraft 280000
Creditors 21500
The total current liability is
  • A D 301,500
  • B D 258,500
  • C D 264,350
  • D D 280,000

The correct answer is A. D 301,500

Total current liability = 280,000 + 21,500

= 301,500

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