Question

From the following information prepare balance sheet with as many details as possible
A)working capital -rs.60000
B)current ratio-2.5
C)liquid ratio -1.5
D)proprietory ratio -0.75
(Fixed assets :proprietory fund)
E)reserves and surplus -1/2 of working capital
F)bank overdraft - rs. 10000
There is no long-term loans nor any investment in fictitious assets

Answer 1

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