Use the following to answer the given question ... - WAEC Accounting 1995 Question
Use the following to answer the given question
\(\begin{array}{c|c} & N \ \hline sales & 45,000 \ \text{Opening stock} & 20,000 \ \text{Closing sock} & 30,000 \ Expenses & 15,000 \ \text{Fixed assets} & 40,000 \ Debtors & 10,000 \ Creditors & 5,000 \ Purchases & 25,000 \end{array}\)
Working capital is
\(\begin{array}{c|c} & N \ \hline sales & 45,000 \ \text{Opening stock} & 20,000 \ \text{Closing sock} & 30,000 \ Expenses & 15,000 \ \text{Fixed assets} & 40,000 \ Debtors & 10,000 \ Creditors & 5,000 \ Purchases & 25,000 \end{array}\)
Working capital is
A
N60,000
B
N45,000
C
N40,000
D
N35,000
correct option: d
Please share this, thanks:
Add your answer
No responses