Short Answer on -----Working capital
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The company's working capital is the amount of money left
over after you subtract current liabilitiesfrom current
assets.
Current assets - Current liabilities = Working capital
Working capital is the amount of money the enterprisehas to
work with in the short term.
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Excess of Current assets over Current liabilities &
Represent those current assets which are financed through
long term source of Financing like debt more than one year .
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taken loan from Private person(Dec'2014) - Rs. 6 lac and already interest paid for the year 115200 but interest taken for A/c Rs.38400/-.(upto March2015). remaining amount for this year i.e. 76800/- how to enter in tally. please clearify
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