Qualification > Commerce

Accounting Paper 2 Discussion

<< < (5/10) > >>

$!$RatJumper$!$:
in acc.. if u reduce drawings... does the wroking capital stay the same, increase or decrease

Alpha:
Working Capital is the difference between Current Assets and Current Liabilities...

Usually, no, since drawings affects the Owner's Fund...

But yes, if drawings has not been deducted from the Cash/Bank balance or the Closing Inventory, then yes, Working capital will reduce.

lastgift:
If you reduve drawings then ur working capital is likely to 'increase'!! :)

so how was the paper?? ::)

$!$RatJumper$!$:
was good :) except i messed up this drawings thing :P lol..

$!$RatJumper$!$:
hey to get an A* in accounts... do u HAVE to get an A for all papers u do? or can u like get a B for one and a high A for the other and still get an A*

Navigation

[0] Message Index

[#] Next page

[*] Previous page