Q. Which of the following are current assets of a business? i. Income received in advance ii. Stock iii. Debtors iv. Pre-paid expenses v. Accrued income (Solved)

1. Both (i) and (iv) above

2. Both (ii) and (iii) above

3. (i),(ii) and (iii) above

4. (ii),(iii),(iv) and (v) above

  • d. (ii),(iii),(iv) and (v) above
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