What is Current Assets minus current Liabilities?
Answer Posted / nani
Hi Friends
Net Working Capital is the Correct Answer.
Why because
C.A - C.L = Net working capital
We will add the Provisions for contingency to the Net working
Capital
So please find the difference
Thanks Friends
Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
How does accounting contribute to the community?
Define fictitious assets?
Mention your extra-curricular interests. Which do you actively pursue? How do you see these developing in the future?
if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system
i have pay to 250000 excise duty so i ask to all how can maintain entry in tally ?
what are your current financial and accounting projects? What is your role?
Can it be possible to transfer FCRA funds to an ngo who don't have FCRA registration no.
WRITE ABOUT ANY 1 "WOMENS ARE BEST MANAGEMENT PERSON" "IF UR FINANCE MINISTER OF INDIA" "V R RESPONSIBLE FOR OUR ENVIRONMENT"
What are the difference between Debit Memorandum and Credit Memorandum?
What is the difference between personal account real account and nominal account?
In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/
Is it necessary after every journal entry to show its treatment in P&L a/c? Eg. if I am asked to show journal entry of purchasing furniture & fixture on 1st Aug 06, i.e. Furniture & fixture a/c Dr. To cash/bank a/c Along with this, I have to pass following journal entry on 31st Mar 07?? P&L a/c Dr. To Furniture & fixture a/c
What is the basic accounting equation?
Describe the proof of cash type of bank reconciliation?
How much statistics knowledge is necessary or required in accounting?