Short Answer on -----Working capital
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The company's working capital is the amount of money left
over after you subtract current liabilitiesfrom current
assets.
Current assets - Current liabilities = Working capital
Working capital is the amount of money the enterprisehas to
work with in the short term.
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Excess of Current assets over Current liabilities &
Represent those current assets which are financed through
long term source of Financing like debt more than one year .
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0 Answers RBI, State Bank Of India SBI,
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry
Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000