Accounting term used to describe the excess of current assets over current liabilities is

Accounts - Principles of Accounts

WAEC 1991

A. shared capital
B. working capital
C. sucscribed capital
D. reserve capital
E. loan capital

Your School's Whatsapp Group - Join Us now

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Correct Answer: Option B

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn, please click here

Previous Next

Go back to Acc classroom

Report an Error Ask A Question Download App

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

to l learn from now? Answer this

1 Answers · Language · 6 hours ago
table of values for the WAEC physics practical 2mao? Answer this

1 Answers · 5 years ago
explain petty cash book for me? Answer this

1 Answers · Accounting · 1 day ago

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

Accounting term used to describe the excess of current assets over current liabilities is

Correct Answer: Option B

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In