What is working capital?

Answer Posted / pradeep gunuguntla

The amount of capital which is used to run day to day
business activities is called working capital.

Eg: Purchase goods or raw material

Formula: Current Assets - Current Liabilities

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

sir, i want t know, i got a cheque frm sindhu (that amount i gave her as rent advance, she is returning nw) bt the cheque has cancled and bank take cheque return charges so plz give this journal entries.

990


Explain which accounting application you prefer most and why?

664


What is the purpose of a balance sheet?

866


Explain the meaning of long-term notes payable is or long term liabilities?

725


Tell me what is the equation for acid-test ratio in accounting?

624






hi, this is shanthi kumar(M.Com). i would like to attend interview in genpact company.please send finance interview questions and interview details. thank u very much

1562


what is the process of cenvat credit taken in service tax( in direct & indirect service)

2896


Tell us do you have any professional experience of this field?

672


shyam consigned 200000 unit @ rs 5/-each to mr ram and paid freight and insurance amounting to rs 100000.ram spent further following amount: 1) insurance rs 5000 2) godown rent rs 4000 3) clearing rs 6000 2000 unit were damages during transits due to heavy rains. Ram sold 100000 unit @rs 10 per unit . ram realisec solvage value of damage unit rs .2000 ram is get 5% commission on sale determine the abnormal loss?

2045


What is the importance of accounting standards?

793


What are the uses of journal in accounting?

740


Explain some of the accrued expenses and the accounts in which you would record them?

689


what are doucement required under registration of properity firm. give the answer breif

1647


i wana give an interview as sr. excise officer what r the question will asked by interviewer ??? Please suggest me so I can clear inteview.thank u

5259


What is an ea in accounting?

733