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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

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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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