Accounting 0452 · IGCSE · Other payables and other receivables

Other payables and other receivables — practice question

A business supplied the information below. Long-term loan $\$20000$, trade receivables $\$12000$, trade payables $\$9700$, bank overdraft $\$2000$, prepaid insurance $\$400$, accrued wages $\$1000$, rent receivable prepaid $\$500$. What is the total for the current liabilities?

  • A$13200
  • B$15400
  • C$31200
  • D$32700

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