Closing stock and sundry debtors are examples of:Question 4Answera.Fixed assetsb.Fictitious assetsc.Current assetsd.None of the above

The answer is c. Current assets.

Step by step explanation:

1. Closing stock: This refers to the inventory that a business has on hand at the end of its fiscal year. It includes all goods that are ready for sale. It is considered a current asset because it can be easily converted into cash within one year.

2. Sundry debtors: These are the customers from whom the business has to receive money. This is also considered a current asset because it is expected that these debts will be paid within one year.

Therefore, both closing stock and sundry debtors are examples of current assets.