Mention two ratios in which one figure is from Profit and Loss Account and one from Balance Sheet. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Working Capital Turnover Ratio and (ii) Trade Receivables Turnover Ratio. 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 PostCan Current Ratio and Quick Ratio be same at any moment? Next PostState one transaction which results in an increase in ‘Liquid Ratio’ and no change in ‘Current Ratio’. You Might Also Like What is meant by retirement of a partner? September 27, 2022 Give any two circumstances in which sacrificing ratio may be applied. (C.B.S.E. 2019) October 7, 2022 Star Ltd. forfeited 500 Equity Shares of Rs. 100 each for non-payment of first call of Rs. 30 per share. The final call of Rs. 10 per share was not yet made. Out of these, 60% shares were reissued for Rs. 39,000 fully paid. journalise the forfeiture and reissue of shares. July 14, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Give any two circumstances in which sacrificing ratio may be applied. (C.B.S.E. 2019) October 7, 2022
Star Ltd. forfeited 500 Equity Shares of Rs. 100 each for non-payment of first call of Rs. 30 per share. The final call of Rs. 10 per share was not yet made. Out of these, 60% shares were reissued for Rs. 39,000 fully paid. journalise the forfeiture and reissue of shares. July 14, 2022