Calculate Total Assets to Debt Ratio from the following information: Long-term Debts Rs. 4,00,000; total Assets Rs. 7,70,000. Post category:Accountancy Reading time:1 mins read SOLUTION Long-term Debts = 4,00,000Total Assets = 7,70,000Total assets to Debt ratio = Total assets / Debt= 7,70,000 / 4,00,000= 1.925: 1 Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostFrom the following Balance Sheet of ABC Ltd. as at 31st March, 2019, Calculate Debt to Equity Ratio: Next PostShareholders’ Funds Rs. 1,60,000; Total Debts Rs. 3,60,000; Current Liabilities Rs. 40,000. Calculate Total Assets to Debt Ratio. You Might Also Like Aman, Bimal and Deepak are partners sharing profits in the ratio of 2: 3: 5. The goodwill of the firm has been valued at Rs. 37,500. Aman retired. Bimal and Deepak decided to share profits equally in the future. Calculate gain/ sacrifice of Bimal and Deepak on Aman’s retirement and also pass necessary Journal entry for the treatment of goodwill. August 3, 2022 Nazma Ltd. received interest on an item and the accountant classified it under Investing Activity while preparing Cash Flow Statement. Name another item for which such a treatment is possible. October 6, 2022 On the basis of following data, how much final payment to a partner on firm’s dissolution will be made? Debit balance of Capital Account Rs. 14,000; Share of his profit on realisation Rs. 43,000; Firm’s asset taken over by him for Rs. 17,000. September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Aman, Bimal and Deepak are partners sharing profits in the ratio of 2: 3: 5. The goodwill of the firm has been valued at Rs. 37,500. Aman retired. Bimal and Deepak decided to share profits equally in the future. Calculate gain/ sacrifice of Bimal and Deepak on Aman’s retirement and also pass necessary Journal entry for the treatment of goodwill. August 3, 2022
Nazma Ltd. received interest on an item and the accountant classified it under Investing Activity while preparing Cash Flow Statement. Name another item for which such a treatment is possible. October 6, 2022
On the basis of following data, how much final payment to a partner on firm’s dissolution will be made? Debit balance of Capital Account Rs. 14,000; Share of his profit on realisation Rs. 43,000; Firm’s asset taken over by him for Rs. 17,000. September 27, 2022