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Finance( Revenue Account )

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Working capital is also known as ‘circulating capital, fluctuating capital, and revolving capital’. The aforesaid statement is:

Correct

incorrect

cannot say.

Partially Correct

Explanation:

Working capital also known as net working capital, circulating capital, fluctuating capital and revolving capital, is the difference between company’s current assets and its current liabilities.

By: Vikas Goyal

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