passwella.
Menu

WAEC Commerce 2019 Question 16

Question 16

Business Finance

Cash in hand and at bank, plus debtors are components of

  1. A.intangible assets.
  2. B.current assets.
  3. C.current liabilities.
  4. D.depleting assets.
Show the answer and explanation

Answer: B (current assets.)

Explanation

Cash, bank balances, debtors and stock are current assets.