JAMB Principles of Accounts 2005 Question 26

Use the information below to answer questions 25 and 26.
Zazzau Company
Cash in hand ₦50
Cash in bank ₦1 250
Stock ₦4 880
Furniture ₦960
Building ₦5 500
Debtors ₦1 750
Creditors ₦2 150
Drawings of ₦125 were made by the shareholders of the company.
The company's net current assets amount to

1. A.₦5 780
2. B.₦5 870
3. C.₦6 580
4. D.₦7 930