Question

Calculate

a) Current Assets

b) Fixed Assets

c) Working Capital

d) Current Liabilities

Goodwill 50,000 Creditors 40,000

Machinery 1,20,000 Outstanding Expenses 15,000

investment 20,000 Debtors 40,000

Accrued Interest 10.000 Bills Payable 18,000

Cash 60,000 Bank Overdraft 27,000

Prepaid Expenses 10,000 Short Term Loan 20,000
​

Answer 1

Answer:

debtors + cash +prepaid expense +short term loan

40000 + 60000 + 10000 + 20000

130000