Question

land in 2018 is 6000 and in 2019 is 8000 then
working capital increase by 2000
Options
A O True
False
BO
increase
CO
decrease
DO​

Answer 1

Answer:

please add my answer to the brainelist answers.

Explanation:

(a) If a transaction increases current assets and current liabilities by the same amount, there would be no change in working capital, While decrease in Current liabilities increases working capital.

(b) Fund flow statements deals with the transactions which change either the amount of current assets and current liabilities (in the form of decrease or increase in working capital) or fixed assets, long-term loans including ownership fund.

please add my answer to the brainelist answers.