The circulating capital of a business enterprise is classified into

A.

Cash, work-in-progress and debtors

B.

Cash, Vehicles, land and building

C.

debtors, stocks of raw materials and fitting

D.

Prepayments, debtors and equipment

Correct answer is A

circulating capital is the amount of many used for day-to-day running of the business. It is the capital available to a firm for general purpose after current liabilities have been deducted. It is the excess of current liabilities over the current liabilities