WAEC Commerce 1998 Question 32

Question 32

Business Finance

Cash - in- hand and at bank as well as debtors are examples of

  1. A.current assets
  2. B.fixed assets
  3. C.capital owned
  4. D.capital employed
  5. E.working capital
Show the answer and explanation

Answer: A (current assets)

Explanation

Cash and debtors are current assets.