[Solved] Which of the following are current assets of a business? i. Income received in advance ii. Stock iii. Debtors iv. Pre-paid expenses v. Accrued income

Q.	Which of the following are current assets of a business? i. Income received in advance ii. Stock iii. Debtors iv. Pre-paid expenses v. Accrued income
A.	Both (i) and (iv) above
B.	Both (ii) and (iii) above
C.	(i),(ii) and (iii) above
D.	(ii),(iii),(iv) and (v) above
Answer» D. (ii),(iii),(iv) and (v) above

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