Use of following information to answer questions below
| D | |
| Motor vehicle | 500000 |
| Stock | 35000 |
| Debtors | 18000 |
| Cash | 12850 |
| Bank overdraft | 280000 |
| Creditors | 21500 |
The total current liability is
-
D 301,500
- D 258,500
- D 264,350
- D 280,000
The correct answer is: A
Explanation
Total current liability = 280,000 + 21,500
= 301,500