Accountancy, asked by shyamligupta400, 1 month ago

Credit sale is working capital

Answers

Answered by SULTHANASAJI
0

Explanation:

Working capital, also known as net working capital (NWC), is the difference between a company's current assets, such as cash, accounts receivable (customers' unpaid bills), and inventories of raw materials and finished goods, and its current liabilities, such as accounts payable.

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