Can Current Ratio and Quick Ratio be same at any moment? Post category:Accountancy Reading time:1 mins read SOLUTION Yes, if there are no prepaid expenses and inventory in the business. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostGive one point of distinction between Current Ratio and Quick Ratio. Next PostMention two ratios in which one figure is from Profit and Loss Account and one from Balance Sheet. You Might Also Like What is Current Ratio? October 1, 2022 Under what circumstances premium for goodwill paid by the incoming partner would never be recorded in the books of account? September 26, 2022 From the following Balance Sheet of SRS Ltd. and the additional information as on 31st March, 2016, prepare a Cash Flow Statement: August 20, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Under what circumstances premium for goodwill paid by the incoming partner would never be recorded in the books of account? September 26, 2022
From the following Balance Sheet of SRS Ltd. and the additional information as on 31st March, 2016, prepare a Cash Flow Statement: August 20, 2022