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Question 78

From the following figures in the accounting books of XY company, calculate its working capital : stock #2,000; cash #1,500; Creditors #1,000; Bank overdraft #1,400

  • A.#5,900
  • B.#1,900
  • C.#1,100
  • D.#900
  • E.#100
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
1997
Question no.
#78
Type
Objective
Previous · Q77Who among the following has no right of ownership to a business organization? Next · Q79 If goods invoiced at #1,500 were sold to Etim at less 15% trade discount, he…

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