Use the following information to answer the given question

\(\begin{array}{c|c} & N & & N \\ \hline \text{Ordinary Share Capital} & 140,000 & \text{Plant and Machinery} & 100,000 \\ \text{80% Preference share} & 63,000 & \text{Furniture} & 62,000 \\ \text{Retained earnings} & 40,000 & \text{Motor Van} & 75,000 \\ \text{10% Debentures} & 60,000 & Stock & 22,000 \\ Creditors & 10,000 & Debtors & 26,000 \\ \text{Accrued wages} & 12,000& Bank & 40,000 \\ & \overline{325,000} & & \overline{325,000}\end{array}\)

What is the working capital?

Similar Questions

The document issued by a revenue collector as evidence of payment to a government ministry is a ...

\(\begin{array}{c|c} & Halima & Ibinabo \\ & N & N \\ \hline \text{Capital accounts ...

Which of the following is not an inventory costing method? ...

The major distinguishing element between the final account of a partnership and that of a sole trade...

The balance of the pretty cash book should be ...

The total of the sales journal is entered on the ...

A fixed assets fully written-down by a trader is now considered to be worth ₦5,000. The double ent...

Carriage inward expenses of a business is treated in ...

What will be the number of shares to be issued to a subscriber who applied for 50,000 units. &nbs...

A limited liability company has an authorized share capital of N50 million split into 100 million sh...