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Commerce · Q638

Accounting

Graduate and Post Graduate · Commerce · question 638

Q638

Consider the following items: i. Debentures ii. Prepaid rent iii. Interest accrued iv. Bank overdraft Which of them are current liabilities:

A.
i, ii, iii and iv
B.
iv
Answer
C.
ii, iii and iv
D.
i, ii and iii

Answer: Option B

Solution

Answer: Option B
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