Question
Which of the following will increase the current assets of a partnership at the end of a financial year? O A. Insurance premium paid for
Which of the following will increase the current assets of a partnership at the end of a financial year?
O A. Insurance premium paid for the next financial year; A financial asset that is due to mature in the next financial year; Increase in provision
for bad debts
O B. Rent income owed for the current financial year; Insurance premium paid for the next financial year; Account of a debtor written off O C. Rent income owed for the current financial year; Insurance premium paid for the next financial year; Commission income received in
advance
O D. Rent income owed for the current financial year; Insurance premium paid for the next financial year, A financial asset that is due to
mature in the next financial year
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