The working capital (or net current assets) of a business is: (a) The capital introduced by the
Question:
The working capital (or net current assets) of a business is:
(a) The capital introduced by the proprietor at commencement of business
(b) Current assets less current liabilities
(c) Capital plus liabilities which are not expected to be paid within twelve months of period-end
(d) Non-current assets plus current assets less current liabilities
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Somshukla Chakraborty
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Related Book For 
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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