How will you assess the liquidity or short-term financial position of a business? Post category:Accountancy Reading time:1 mins read SOLUTION Short-term financial position of the business is assessed by calculating current ratio and liquid ratio. 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 PostMention two ratios in which both the figures are from Balance Sheet. Next PostWhy liquid ratio is considered more dependable than current ratio? You Might Also Like A and B are partners sharing profits in the ratio of 3 : 2. They admit C as a new partner from 1st April, 2019. They have decided to share future profits in the ratio of 4 : 3 : 3. The Balance Sheet as at 31st March, 2019 is given below: August 2, 2022 Give the average period, in months, for charging interest on drawings of a fixed amount withdrawn at the beginning of each quarter. October 7, 2022 Name any two items which are shown on the credit of Profit and Loss Appropriation Account. September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A and B are partners sharing profits in the ratio of 3 : 2. They admit C as a new partner from 1st April, 2019. They have decided to share future profits in the ratio of 4 : 3 : 3. The Balance Sheet as at 31st March, 2019 is given below: August 2, 2022
Give the average period, in months, for charging interest on drawings of a fixed amount withdrawn at the beginning of each quarter. October 7, 2022
Name any two items which are shown on the credit of Profit and Loss Appropriation Account. September 26, 2022