Accounting 0452 · IGCSE · Other payables and other receivables

Other payables and other receivables — practice question

A business gave the following details: • long-term loan $20000$ • trade receivables $12000$ • trade payables $9700$ • bank overdraft $2000$ • prepaid insurance $400$ • accrued wages $1000$ • rental income prepaid $500$ What was the total of the current liabilities?

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

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