State one transaction which results in an increase in ‘Liquid Ratio’ and no change in ‘Current Ratio’. Post category:Accountancy Reading time:1 mins read SOLUTION Sale of Inventory at Cost Price. 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 PostMention two ratios in which one figure is from Profit and Loss Account and one from Balance Sheet. Next PostWhy inventory is excluded from liquid assets? You Might Also Like A, B and C are partners sharing profits and losses in the ratio of 3 : 2 : 1 respectively. Their Balance Sheet as at 31st March, 2019 is as follows: August 1, 2022 Give the meaning of ‘Liability of Partners’ as a feature of partnership. (C.B.S.E 2020) October 7, 2022 In settlement of Tarun ’s (a Partner) loan of Rs. 2.5,000 to the firm, a computer not appearing in the hooks is taken over by him at an agreed value of Rs. 30.000. Pass necessary journal entry. September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A, B and C are partners sharing profits and losses in the ratio of 3 : 2 : 1 respectively. Their Balance Sheet as at 31st March, 2019 is as follows: August 1, 2022
Give the meaning of ‘Liability of Partners’ as a feature of partnership. (C.B.S.E 2020) October 7, 2022
In settlement of Tarun ’s (a Partner) loan of Rs. 2.5,000 to the firm, a computer not appearing in the hooks is taken over by him at an agreed value of Rs. 30.000. Pass necessary journal entry. September 27, 2022
