Question

Working capital accounts include:Multiple Choicecurrent assets and current liabilities.current assets and all liabilities.all assets.all assets and liabilities.

Answer 1

Answer:

current assets and current liabilities

Explanation:

As we know that

The working capital shows the difference of the current assets and the current liabilities

It can be shown

Working capital = current assets - current liabilities

It is used for liquidity purpose whether the firm is able to pay off the short term obligations or not

Therefore the first option is correct