Categories: Accounting WAEC

The working capital is?

Use the following information to answer the question below

Opening capital —10,800
Drawings———– 2,500
Trade creditors —-2,560
Trade debtors ——2,880
Cash in hand ——-1,000
Net profit————- 6,000

 

A. 6,440
B. 3,880
C. 3,500
D. 1,320

Correct Answer:

Option D = 1,320

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