can we take finance cost given in balance sheet as interest on long term debt in intrest coverage ratio?
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No, this will be come in short term debit not be in long term debit.
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(Ans : Trial Balance Total 1,08,100 14. Journalise the following transactions in the books of Ram for the month of April 2013 and prepare the necessary ledger accounts. 2013 ₹ April2 Ram commenced business with a capital of 50,000 3 Deposited in Bank 40,000 4 Purchased
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