Current ratio of Reliance Textiles Ltd. is 1.5 at present. In future it wants to improve this ratio to 2. Suggest any two accounting transactions for improving the current ratio. Post category:Accountancy Reading time:1 mins read SOLUTIONReason:(i) Payment of current liabilities, (ii) Issue of share capital or raising long-term loan. 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 will be the current ratio of a company whose Net Working Capital is Zero? (C.B.S.E. Sample Paper. 2020) Next PostWhat will be the operating profit ratio, if operating ratio is 83.64%? You Might Also Like What is meant by Sweat Equity Shares? September 28, 2022 At the time of admission of a new partner in the firm, the new partner compensates the old partners for their loss of share in the Super Profits of the firm for which he brings in an additional amount which is known as__. (CBSE 2020) October 7, 2022 A and B are partners sharing profits equally. A drew regularly Rs. 4,000 in the beginning of every month for six months ended 30th September, 2019. Calculate interest on drawings @ 5% p.a. for a period of six months. July 21, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
At the time of admission of a new partner in the firm, the new partner compensates the old partners for their loss of share in the Super Profits of the firm for which he brings in an additional amount which is known as__. (CBSE 2020) October 7, 2022
A and B are partners sharing profits equally. A drew regularly Rs. 4,000 in the beginning of every month for six months ended 30th September, 2019. Calculate interest on drawings @ 5% p.a. for a period of six months. July 21, 2022
