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What amount will reflect as total current liabilities

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Reference no: EM133071900

Question - The following balances appeared in the Post Closing trial balance of ZZ traders on 30 June 2019

Creditors control 30,000

Accrued Expenses 3,000

Accrued Income 2,350

Prepaid Expenses 2,190

Income Received in advance 3,370

Long - term loan 50,000

Bank (Cr) 6,700

NOTE: 10,000 of the long - term loan is payable on 30 November 2019.

Required - What amount will reflect as total current liabilities on the statement of financial position of ZZ traders on 30 June 2019?

Reference no: EM133071900

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