Can Current Ratio and Quick Ratio be same at any moment? Post category:Accountancy Reading time:1 mins read SOLUTION Yes, if there are no prepaid expenses and inventory in the business. 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 PostGive one point of distinction between Current Ratio and Quick Ratio. Next PostMention two ratios in which one figure is from Profit and Loss Account and one from Balance Sheet. You Might Also Like Ashok, Babu and Chetan are in partnership sharing profit in the proportion of 1/2, 1/3, 1/6 respectively. They dissolve the partnership of the 31st March, 2019 when the Balance Sheet of the firm as under: July 26, 2022 Dividend paid by a finance company is classified under which kind of activity while preparing Cash flow statement? (C.B.S.E. 2019) October 6, 2022 State the steps other than rejecting applications that a company can take in case of over-subscription. September 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Ashok, Babu and Chetan are in partnership sharing profit in the proportion of 1/2, 1/3, 1/6 respectively. They dissolve the partnership of the 31st March, 2019 when the Balance Sheet of the firm as under: July 26, 2022
Dividend paid by a finance company is classified under which kind of activity while preparing Cash flow statement? (C.B.S.E. 2019) October 6, 2022
State the steps other than rejecting applications that a company can take in case of over-subscription. September 28, 2022