What are liquid assets? Post category:Accountancy Reading time:1 mins read SOLUTION ‘Liquid Assets’ means those assets which will yield cash very shortly. Current assets except inventory and prepaid expenses are included in liquid assets. 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 PostWhat is Liquid Ratio? Next PostWhat is the ideal Quick Ratio? You Might Also Like On dissolution, patents appearing in Balance Sheet are transferred to which account? September 27, 2022 Following are the Balance Sheets of Solar Power Ltd. as at 31st March, 2014 and 2013: August 18, 2022 Aparna, Manisha and Sonia are partners sharing profits in the ratio of 3 : 2 : 1. Manisha retired and goodwill of the firm is valued at Rs. 1,80,000. Aparna and Sonia decided to share future profits in the ratio of 3 : 2. Pass necessary Journal entries. August 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
On dissolution, patents appearing in Balance Sheet are transferred to which account? September 27, 2022
Following are the Balance Sheets of Solar Power Ltd. as at 31st March, 2014 and 2013: August 18, 2022
Aparna, Manisha and Sonia are partners sharing profits in the ratio of 3 : 2 : 1. Manisha retired and goodwill of the firm is valued at Rs. 1,80,000. Aparna and Sonia decided to share future profits in the ratio of 3 : 2. Pass necessary Journal entries. August 3, 2022