The following was extracted from the books of MEGA COMPANY NIG. LTD ₦ Trade debtors 350,000 Fixtures and fittings 600,000 Cash at bank 25,000 Cash in hand 5...
Question 1 Report
The following was extracted from the books of MEGA COMPANY NIG. LTD
₦ |
|
Trade debtors |
350,000 |
Fixtures and fittings |
600,000 |
Cash at bank |
25,000 |
Cash in hand |
5,500 |
Trade creditors |
116,500 |
Bank overdraft |
7,500 |
Building |
950,000 |
Motor van |
35,000 |
The working capital of the company is
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