Trade Payables ₹ 50,000, Working Capital ₹ 9,00,000, Current Liabilities ₹ 3,00,000. Calculate Current Ratio.
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Current Assets ₹ 20,00,00, Inventories ₹ 10,00,000, Working Capital ₹ 12,00,000. Calculate Current Ratio.
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Calculate Current Ratio from the following information: Total Assets 20,00,000 Fixed Tangible Assets 10,00,000
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From the following, Calculate Current Ratio: Trade Receivables (Sundry Debtors) 7,20,000
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P, Q and R are partners sharing profits and losses in the ratio of 3 : 3 : 2. Their respective capitals are in their profit-sharing proportions. On 1st April, 2022, the total capital of the firm and balance of General Reserve are ₹ 80,00 and ₹ 20,000 respectively.
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X and Y were partners sharing profits and losses in the ratio of 3 : 2. They decided to dissolve the firm on 31st March 2023.
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The partnership between A and B was dissolved on 31st March, 2023. On that date the respective credits to the capitals were A – ₹ 1,70,000 and B – ₹ 30,000.
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Priya, Komal and Rakhi were in partnership sharing profits and losses in the ratio of 2 : 1 : 1. They decided to dissolve the partnership.
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A, B and C started business on 1st April, 2022 with capitals of ₹ 1,00,000; ₹ 80,000 and ₹ 60,000 respectively sharing profits (losses) in the ratio of 4 : 3 : 3.
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A and B were partners sharing profits and losses as to 7/11th to A and 4/11th to B. They dissolved the partnership on 30th May, 2022.
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