What is meant by ‘Liquidity of Business’? Post category:Accountancy Reading time:1 mins read SOLUTION ‘Liquidity of Business’ refers to the firm’s ability to meet its current obligations, i.e., short-term liabilities. 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 limitation of ratio analysis. Next PostWhat is Current Ratio? You Might Also Like How will you treat Bank Overdraft in a Cash Flow Statement? (C.B.S.E. 2015) October 4, 2022 Enumerate two main steps involved in valuing the goodwill according to super profit method. September 26, 2022 A and B were partners in a firm. They admitted C as a new partner for 20% share in the profits. After all adjustments regarding general reserve, goodwill, gain or loss on revaluation, the balances in capital accounts of A and B were Rs. 3,85,000 and Rs. 4,15,000 respectively. C brought proportionate capital so as to give him 20% share in the profits. Calculate the amount of capital to be brought by C. (C.B.S.E. Sample Paper, 2017) September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Enumerate two main steps involved in valuing the goodwill according to super profit method. September 26, 2022
A and B were partners in a firm. They admitted C as a new partner for 20% share in the profits. After all adjustments regarding general reserve, goodwill, gain or loss on revaluation, the balances in capital accounts of A and B were Rs. 3,85,000 and Rs. 4,15,000 respectively. C brought proportionate capital so as to give him 20% share in the profits. Calculate the amount of capital to be brought by C. (C.B.S.E. Sample Paper, 2017) September 27, 2022