XYZ Company Schedule of working capital For the year ended 31st December 2014 Particulars A) CURRENT ASSETS: i) Debtors 650,000 ii) Stock 1,200,000 iii) Bank 1,500,000 Total Current Assets 3,350,000 B) CURRENT LIABILITIES: i) Creditors 250,000 ii) Provision for Bad Debts 75,000 iii) Provision for Taxation 120,000 Total Current Liabilities 445,000 Working Capital Balance (A-B) 2,905,000 Balance as on 31st December, 2014
