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Examples of current assets are

Examples of current assets are
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Trade debtors, trade creditors and cash
  • B Cash and trade creditors
  • C Trade creditors and trade debtors
  • D Cash and trade debtors
Correct Answer: Option D
Explanation:
Cash and trade debtors are current assets because they are expected to be available for use or converted into cash within a relatively short period. Trade debtors represent amounts owed to the business by customers.

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