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

An entry in a subsidiary book which does not form part of the double entry system is a ...

The most appropriate basis for apportioning inventory holding cost among departments is to use the v...

At the end of a financial period, the trading profit and loss account of a sole trader  shows...

Capital balances b/d:.....P.............N20,000 ..........................K.............N10,000 Dr...

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

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

 Rakiya and joy are in a partnership and agreed that 5% interest per annum is to be charged on ...

Which of the following is not an intangible asset? ...

Which of the following items of expense involves actual cash payment? ...

The total amount of money set aside for a particular purpose by government is ...