Question 9
Use the following information to answer the following questions:

 Items

Le

Debtor

30,000

Cash in hand

6,750

Plant and machinery

72,000

Motor van

31,000

Stock of raw materials

12,000

Loan 50,000

Trade creditors

43,000

Calculate

(a) The liquid capital for the business

(b) The fixed assets

(c) Teesan Enterprise's capital or statement of affairs as at 31/10/2010.

(d) The working capital for Teesan Enterprises Ltd. 

Theory

Question details

Exam body
WAEC
Subject
Commerce
Year
2018
Question no.
#9
Type
Theory

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