Answer Posted / Jaskaran Lal Verma
Working Capital is the amount of current assets a company has minus its current liabilities. It represents the short-term financial health of a business and its ability to meet its immediate obligations.
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The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
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