Question: Prepare a schedule for changes in the working capital from the Balance Sheet data given below: Capital & Liabilities: Share Capital Trade creditors Profit &
Prepare a schedule for changes in the working capital from the Balance Sheet data given below:

Capital & Liabilities: Share Capital Trade creditors Profit & Loss A/c Assets: Machinery Stock-in-trade Debtors Cash Total Dec 2020 (Rs.) 3,00,000 1,0,6000 14,000 4,20,000 70,000 1,21,000 1,81,000 48,000 4,20,000 Dec 2021 (Rs.) 3,75,000 70,000 31,000 4,76,000 1,00,000 1,36,000 1,70,000 70,000 4,76,000
Step by Step Solution
3.38 Rating (151 Votes )
There are 3 Steps involved in it
To prepare a schedule for changes in working capital from the Balance Sheet data provided we compare ... View full answer
Get step-by-step solutions from verified subject matter experts
