Generally the term fund is used to mean the difference between?
ACurrent liabilities and non-current liabilities
BCurrent assets and current liabilities
CProfit and loss A/C and Balance sheet
DCurrent assets and non-current liabilities
Correct answer
B. Current assets and current liabilities
Explanation
Current assets and current liabilities is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.