ACCOUNTING

JAMB 2006 - Question 8

Account 2006 JAMB Past Questions - Question 8: Capital ? Profit and loss 3 500Current assets ?Current liabilities 2 000Fixed assets 11 000 The company maintains a current ratio of 3:1 Determine the current assets

Choose the most appropriate option for the gap .
Capital ? Profit and loss 3 500Current assets ?Current liabilities 2 000Fixed assets 11 000 The company maintains a current ratio of 3:1
Determine the current assets
A:
B:
C:
D:
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Correct Answer

B

Explanation