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Commerce · Q2235

Accounting

Graduate and Post Graduate · Commerce · question 2235

Q2235

Given: Cash in hand: Rs. 10,000 Debtor: Rs. 20,000 Bills receivable: Rs. 5,000 Plant : Rs. 5,000 Creditor: Rs. 15,000 Net Working Capital will be

A.
Rs. 25,000
B.
Rs. 20,000
Answer
C.
Rs. 40,000
D.
None of these

Answer: Option B

Solution

Answer: Option B
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