Practicing Success
Read the following passage and answer the following question. The following items are given in the company statements- |
What is the total of other current assets that will be shown in the company's balance sheet? |
₹15,000 ₹25,000 ₹10,000 ₹2,25,000 |
₹25,000 |
The correct answer is option 2- ₹25,000. Other current assets = Prepaid expenses + Interest accrued on investments |