WAEC Book Keeping 2024 Objective — Question 40

Question 40 of 40 from the West African Examinations Council (WAEC) Book Keeping 2024 Objective paper, with the correct answer and a full explanation.

40. The working capital is A.

A. #160,000
B. #115,000
C. #90,000Correct
D. #45,000.

Explanation

Working capital = current assets - current liabilities = (50,000+65,000+45,000)-70,000 = 90,000.

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