Balance Sheet Exercise

by Ranga

Use the following information to prepare the balance sheet (Rs = Rupees = Indian currency):

Working capital Rs 75,000
Reserves & surplus Rs 100,000
Bank overdraft Rs 60,000
Current ratio 1.75
Liquid ratio 1.15
Fixed assets to proprietors fund .75
Long term liabilities NIL

Click here to post comments

Return to Ask a Question About This Lesson!.

© Copyright 2009-2018 Michael Celender. All Rights Reserved. 
Click here for Privacy Policy.

More Info

Popular Pages