Question: Please use your explanation and knowledge, do not take information from other sources thank you. Please discuss the following: #1. Describe the calculation required to

Please use your explanation and knowledge, do not take information from other sources thank you.

Please discuss the following: \#1. Describe the calculation required to compute working capital. Explain the significance. \#2. Describe the progression of the three trial balances that a company would have during the period,and explain the difference between the three. (You may need to need to consult the appendix.)

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