Use the following information to answer the given questio...
Use the following information to answer the given question
\(\begin{array}{c|c} & N \\ \hline \text{Fixed assets} & 12,000 \\ \text{Current assets} & 5,000 \\ \text{Current liabilities} & 2,300 \\ Capital & 10,000 \\ \text{Long term liabilities} & 4,700\end{array}\)
The working capital is
N10,000
N9,700
N7,300
N7,000
N2,700
Correct answer is E
No explanation has been provided for this answer.
The interest on partners' loans is? ...
The term 'posting' in Accounting refers to ...
Which of the following is not an accounting concept? ...
Share of ₦3 nominal value were issued at a price ₦4. The difference of ₦1 is a ...
The main advantage of a departmental account is that its ...
\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ ...
Which of the following is not used in Public accounting? ...
Use the information below to answer the question that follows \(\begin{array}{c|c} Creditors &...
\(\begin{array}{c|c} & Le\\ \hline \text{Construction and hospital wards} & 300,000\\ \text{...
\(\begin{array}{c|c} & D\\ \hline \text{Purchase of raw materials} & 236,500\\ \text{Returns...