Total current assets..................N2,000
Total...
Total current assets..................N2,000
Total fixed assets....................N4,000
Current liabilities...................N1,200
Drawings..............................N200
Long-term loan........................N2,000
What is the net working capital?
N2,600
N1,800
N800
N600
Correct answer is C
Working capital = current assets - current liabilities
2000 - 1200 = 800
$ Cash book balance (credit) 750 Uncredited chequ...
\(\begin{array}{c|c} Capital & Le\\ Aye & 20,000\\ Bee & 30,000\\ Drawings & \\ Aye ...
Which of the following items is a capital expenditure? ...
Which of the following items is not shown in the Trial Balance ...
The maximum amount which a company can raise by way of selling share is ...
The unit which keeps government's books of accounts is the ...