Practicing Success
If Cash at bank Rs. 1800; Income tax payable Rs.400; Bills Receivable Rs.1000; Expenses payable Rs.200; prepaid expenses Rs.200; Bill Payable Rs.300; Bank overdraft Rs.300; debtors Rs.2000; Stock Rs.5, 000; trade investment Rs.500; creditors Rs. 2, 000. What will be Net Working Capital? |
Rs. 2,2 00 Rs. 3,500 Rs. 7,500 Rs. 8,500 |
Rs. 8,500 |