Search SchoolNGR

Thursday, 02 April 2026
Register . Login

Use the following information to answer the given questions \(\begin{array}{c|c} N \\ ...

Use the following information to answer the given questions
\(\begin{array}{c|c} & N \\ \hline Debtors & 30,000 \\ Creditor & 20,000 \\ \text{Opening stock} & 15,000 \\ \text{Closing stock} & 18,000\\ Wages & 3,000 \\ Salaries & 10,000 \\ Purchases & 30,000 \\ Sales & 60,000\end{array}\)
The working capital is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A 48,000
  • B N33,000
  • C N28,000
  • D N25,000
  • E N10,000
Correct Answer: Option E
Explanation:

Share question on: