Read the following information given in the financial statements of the company and answer the following question.
|
Calculate the current assets of the company. |
₹7,40,000 ₹7,20,000 ₹8,00,000 ₹7,80,000 |
₹7,20,000 |
The correct answer is option 2- ₹7,20,000. Current assets = Marketable securities + trade receivables - Provision for doubtful debts + cash balance + inventories + income tax paid in advance |