What will be the impact of ‘Cash Paid to trade Payables on a Current Ratio of 2: 1? State the reason. Post category:Accountancy Reading time:1 mins read SOLUTION Current Ratio will improve because both Current assets and current liabilities are decreased by the same amount. 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 PostThe current ratio of a company is 2: I. Stale giving reason whether purchase of goods on credit will increase, decrease or not change the ratio. (C.B.S.E. 2020. Delhi) Next PostWhat will be the impact of ‘Cash Paid to Trade Payables’ on a Current ratio of 1: 1? State the reason. You Might Also Like Mohit and Sobhit are partners sharing profits in the ratio of 3: 2. Rohit was admitted for 1 / 6th share of profit with a minimum guaranteed amount of Rs. 10,000. At the close of the first financial year the firm earned a profit of Rs. 54,000. Find out the share of profit which Mohit, Sobhit and Rohit will get. October 11, 2022 A, B and C are partners sharing profits and losses in the ratio of 4 : 3 : 3. Their Balance Sheet as at 31st March, 2019 is : August 3, 2022 A claims 6% p.a. interest on his capital. Is his claim valid if partnership deed is silent in this matter? September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Mohit and Sobhit are partners sharing profits in the ratio of 3: 2. Rohit was admitted for 1 / 6th share of profit with a minimum guaranteed amount of Rs. 10,000. At the close of the first financial year the firm earned a profit of Rs. 54,000. Find out the share of profit which Mohit, Sobhit and Rohit will get. October 11, 2022
A, B and C are partners sharing profits and losses in the ratio of 4 : 3 : 3. Their Balance Sheet as at 31st March, 2019 is : August 3, 2022
A claims 6% p.a. interest on his capital. Is his claim valid if partnership deed is silent in this matter? September 26, 2022