Use the information below to answer questions below # Sales 50,000.00 Debtors 10,000.00 Cash in hand 5,000.00 Opening stock 30,000.00 Creditors 8,000.00 Pur...

Assessment: JAMB UTME - Commerce - 2025 Subject: Commerce

Question 1 Report

Use the information below to answer questions below

 

                   #

Sales

50,000.00

Debtors

10,000.00

Cash in hand

5,000.00

Opening stock

30,000.00

Creditors

8,000.00

Purchases

16,000.00

Overdraft

12,000.00

Closing stock

10,000.00

Calculate the working capital

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