Question 41

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

  • A.N10,000
  • B.N9,700
  • C.N7,300
  • D.N7,000
  • E.N2,700
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
1996
Question no.
#41
Type
Objective

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