Question

The following information of M/S Chandra and Mundra is given for the Accounting Year 2016-17. Prepare the Balance Sheet. Annual turnover is 12,00,000:

1. Debt/Equity or Net Worth

2. Total Assets/Net Worth

1:1

2.5:1

3. Current Ratio

2:1

4. Sales/Debtors

15 Times

5. Sales/Inventory

6. Sales/Current Assets

20 Times

7.5 Times

7. Sales/ Fixed Assets

5 Times

8. Sales/Total Assets

(5)

3 Times​

Answer 1

Answer:

sorry I don't know accountancy I m just in 8tj