Given: Shaku Company Ltd. Stock..........................₦3600 000 Cash at hand...................₦800 000 Cash at bank...................₦2400 000 Debtors....

Assessment: JAMB UTME - Principles of Accounts - 2007 Subject: Financial Accounting

Question 1 Report

Given:

Shaku Company Ltd.

Stock..........................₦3600 000

Cash at hand...................₦800 000

Cash at bank...................₦2400 000

Debtors........................₦580 000

Trade creditors................₦920 000

Bank overdraft.................₦200 000

Tax liabilities................₦600 000

Salary owed to staff...........₦180 000

Determine the working capital?

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