plzzz solve this it's urgent ques 27 of accounts third book
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HERE IS YOUR ANSWER :-
CURRENT LIABILITIES = Total Debts - Long term Debts
= 7,80,000 - 6,00,00
= 1,80,000
CURRENT ASSETS = Current liabilities + Working Capital
= 1,80,000 + 3,60,000
=5,40,000
QUICK ASSETS = Current assets - shock
= 5,40,000 - 1,80,000
=3,60,000
LIQUID RATIO = quick assets / current liabilities
= 3,60,000/ 1,80,000
= 2:1
THANK YOU ☺️ ✌️ HOPE IT HELPS YOU
❣️hemaboro❣️
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