Current Assets/Current Liabilities Current Assets = Inventories + Trade receivables + Advance tax + Cash and cash equivalents = Rs. 50,000 + Rs. 50,000 + Rs. 4,000 + Rs. 30,000 = Rs. 1,34,000 Current Liabilities = Trade payables + Short-term borrowings = Rs. 1,00,000 + Rs. 4,000 = Rs. 1,04,000 Current Ratio =Rs.1,34,000/104000 =1.29:1
All of the following are capital receipts, except ________
Which of the following appears under the heading 'Reserves & Surplus' in the balance sheet?
The rule for nominal accounts is
At the end of the accounting year, all the nominal accounts of the ledger book are:
Renting of immovable property is
A service shall be a continuous supply of service agreed to he provided continuously or on recurrent basis under a contract when the period of service e...
According to IND AS 115, when can revenue be recognized?
Which of the following is/are examples of capital expenditure?
What is the shareholder’s total return, if the shareholder has purchased a share when the market price is Rs.50, and sold after a year to Mr. B at Rs....
In accordance with Ind AS 2, explain how the item should be measured:
One of Company's product lines is beauty products, particularly cosmetics s...
