Consider the following data. Particulars Opening OMR Closing OMR Debtors 450,000 650,000 Bills 650,000 750,000 Receivables Creditors 200,000 300,000 Bills Payables 400,000 400,000 Index 100 160 а. What is the amount of opening working capital for the calculation of MWCA? b. What is the amount of closing working capital for the calculation of MWCA?

Consider the following data. Particulars Opening OMR Closing OMR Debtors 450,000 650,000 Bills 650,000 750,000 Receivables Creditors 200,000 300,000 Bills Payables 400,000 400,000 Index 100 160 а. What is the amount of opening working capital for the calculation of MWCA? b. What is the amount of closing working capital for the calculation of MWCA?

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter14: Decentralized Operations

Section: Chapter Questions

Problem 14.3E

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