A company has the following current assets at 31 March 2026: cash ₹1,20,000, bank balance ₹2,80,000, inventories ₹3,50,000, trade receivables ₹4,10,000, prepaid rent ₹30,000 and a short‑term loan receivable of ₹25,000. What is the total current assets?

Step-by-step solution

1. List all items classified as current assets.
2. Add cash ₹1,20,000 and bank balance ₹2,80,000.
3. Add inventories ₹3,50,000.
4. Add trade receivables ₹4,10,000.
5. Add prepaid rent ₹30,000.
6. Add short‑term loan receivable ₹25,000.
7. Sum all amounts: ₹1,20,000 + ₹2,80,000 + ₹3,50,000 + ₹4,10,000 + ₹30,000 + ₹25,000 = ₹12,15,000.

Concept tested: Calculation of total current assets

Published 24 September 2026 · How this solution was prepared and checked