PARTICULARS  AMOUNT (₹) Income tax paid in advance 30000 Provision for tax 55000 Bank Overdraft 25000 Trade investments 250000 Marketable securities 40000 Tangible fixed asset 600000 Intangible asset 100000 Trade receivables included provision for doubtful debts of ₹20000 200000 Trade payables 120000 Cash balance 80000 Rent payables 10000 Dividend payables 30000 Inventories 390000 8% Debentures matured after 6 years 280000

Calculate the current liabilities of the company.

₹200000 ₹220000 ₹240000 ₹250000

₹240000

Current liabilities= Trade payables + rent payable+ dividend payable +bank overdraft + provision for tax                          = 120000+10000+30000+25000+55000                           = ₹240000