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 Ruchika and Surekha entered into partnership with capitals of Rs. 30,00.000 and Rs. 15,00,000 respectively. They did not enter into partnership deed. At the end of accounting year, Ruchika claimed interest on capital @6% p.a. but Surekha convinced Ruchika that interest cannot be allowed on capital. Explain how Surekha would have convinced Ruchika? September 26, 2022 Why is Profit and Loss Appropriation Account prepared by a Partnership Firm? September 26, 2022 Give any two examples of cash inflows from operating activities other than cash receipts from sale of goods and rendering of services. (C.B.S.E. Sample Paper. 2018). October 4, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Ruchika and Surekha entered into partnership with capitals of Rs. 30,00.000 and Rs. 15,00,000 respectively. They did not enter into partnership deed. At the end of accounting year, Ruchika claimed interest on capital @6% p.a. but Surekha convinced Ruchika that interest cannot be allowed on capital. Explain how Surekha would have convinced Ruchika? September 26, 2022
Give any two examples of cash inflows from operating activities other than cash receipts from sale of goods and rendering of services. (C.B.S.E. Sample Paper. 2018). October 4, 2022