Use the information below to answer question 13 and 14 # Sales 50,000.00 Debtors 10,000.00 Cash-in-hand 5,000.00 Opening stock 30,000.00 Creditors 8,000.00 ...

Question 1 Report

Use the information below to answer question 13 and 14

  #
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.