Balance Sheet Exercise

by Ranga
(India)

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!.






Enjoying this Website?
Help Support it with a Donation

OR...





Advertise on Accounting-Basics-for-Students.com

privacy policy