Answer to Question #109433 in Accounting for najibul

Question #109433

working capital is the surplus of what?

Expert's answer

Current assets

Since Working Capital is the difference between current assets and current liabilities of an enterprise. Working capital is part of current assets that are financed from long-term sources.

Learn more about our help with Assignments: Accounting

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. ABC ltd has a machine bought at Kshs 15milliom. The total depreciation provided to date is Kshs 3.
2. (a) Assume that declaration and payment of cash dividends are separate journal entries. Record the j
3. A travel agency has offered to charter a flight from Perth to Sydney return for $50,000. Fracas Airl
4. Based on the Samsung 2018 Financial Statements 1) What is the inventory costing method used by Sam
5. It was discovered that $14000 of the balance in the consulting revenue account was for services to b
6. What will be the general ledger entries be for the outstanding debt of Miss T Luna which must be wri
7. A restaurant bought on the first of January 400 bottles of vine at a price of 40 DKK per bottle. P