Use the following information to answer the given questions

\(\begin{array}{c|c} & N \\ \hline Debtors & 30,000 \\ Creditor & 20,000 \\ \text{Opening stock} & 15,000 \\ \text{Closing stock} & 18,000\\ Wages & 3,000 \\ Salaries & 10,000 \\ Purchases & 30,000 \\ Sales & 60,000\end{array}\)

The working capital is

Similar Questions

Goodwill may be brought into the books when ...

Issue of prospectus is an invitation to members of the public to   ...

A temporary difference of bank occurs in only one account with the second figure stated, this is an ...

The petty cash book has ...

Use the following information to answer the given question \(\begin{array}{c|c} & ₦ \\ \h...

The accounting entry for depreciation at the end of each year is to debit ...

A unit of a company capital is ...

An approach for discovering missing figures in incomplete records is the use of ...

Accumulated fund on 1st January 1993 is ...

The process of using sales ledger balance to cancel off purchases ledger balance is ...