Use the information below to answer this question                …

Accounts - Principles of Accounts JAMB 2020

Use the information below to answer this question  
                                          ₦
Total current assets        2000
Total fixed assets           4000
Current liabilities            1200
Drawings                         200
Long term loan              2000

What is the net working capital?

  • ₦1800
  • ₦800 checkmark
  • ₦2600
  • ₦600

The correct answer is: B

Explanation

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