Mohan is a small trader who owned a small shop in market. To
purchase a truck, he took a loan of Rs.110000 from bank on 18%
interest. Bank has asked him to submit the papers of his shop. He has
to pay monthly installments for 10 years. - Write the terms of credit
in above case.
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He paid ₹ 20,000 for his income-tax and the installment of the loan of his personal ... Bills Payable, 42,000, Cash at Bank, 90,000 ... During the year he had withdrawn from the business ₹ 18,000, of which ...
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Answer:
18,000
Explanation:
Liquidity ratios.
Profitability ratios.
Leverage ratios.
Turnover ratios.
Market value ratios.
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