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National insurance company undertakes insurance business for Motor Vehicles. During the year 2020 the company collected insurance premium of RO 6,000. The claim for the

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National insurance company undertakes insurance business for Motor Vehicles. During the year 2020 the company collected insurance premium of RO 6,000. The claim for the accidents pending on 31 Dec was RO 1200. How much amount will be shown under current liabilities in the balance sheet? O a. RO 6000 O b. RO 1200 Oc RO 3000 O d.RO 4000

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