ACCOUNTING

JAMB 2015 - Question 21

Account 2015 JAMB Past Questions - Question 21: Balance sheet (Extract)Creditors #7,940Prepaid expenses # 290Accrual expenses # 323Stock #4,500Cash balance #4,956Debtors # 905Determine the current liabilities

Choose the most appropriate option for the gap .
Balance sheet (Extract)Creditors #7,940
Prepaid expenses # 290
Accrual expenses # 323
Stock #4,500
Cash balance #4,956
Debtors # 905Determine the current liabilities
A:
B:
C:
D:
Examkits App

Examkit's JAMB CBT App

Practice JAMB offline with our Online, PC and Mobile App

  • ✅ 25+ years of past questions (2000 to 2025)
  • ✅ Video solutions and explanation to questions
  • ✅ E-library
  • ✅ Study by topic
  • ✅ And more.

Correct Answer

B

Explanation