Working Capital is a term meaning (A) The amount of capital invested by the proprietor (B) The
Question:
Working Capital is a term meaning
(A) The amount of capital invested by the proprietor
(B) The excess of the current assets over the current liabilities
(C) The capital less drawings
(D) The total of Fixed Assets – Current Assets.
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B The excess of the current assets over the current liabilities Working capital refer...View the full answer
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Related Book For 
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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