Determine the value of current assets?

Determine the value of current assets from the information below: Additional Information: i. Stock on 31 December 2011 was valued at $$12500$ ii. Accrued salaries amounted to $$500$ . iii. Prepaid insurance amounted to $$125$ . iv. Office Equipment is to be depreciated at $20%$ per annum. v. Provision for doubtful debts at $5%$ of the debtors $A / c$ is to be created.

Question

Determine the value of current assets from the information below:
Additional Information:
i. Stock on 31 December 2011 was va

Determine the value of current assets?

Determine the value of current assets from the information below: Additional Information: i. Stock on 31 December 2011 was valued at

$12500

ii. Accrued salaries amounted to

$500

. iii. Prepaid insurance amounted to

$125

. iv. Office Equipment is to be depreciated at

20%

per annum. v. Provision for doubtful debts at

5%

of the debtors

A / c

is to be created.

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