Give one point of distinction between Current Ratio and Quick Ratio. Post category:Accountancy Reading time:1 mins read SOLUTION Basis of DistinctionCurrent RatioQuick RatioRelationshipIt Indicates relation between Current Assets and Current Liabilities.It indicates relationship between Quick Assets and Current Liabilities 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 PostWhy liquid ratio is considered more dependable than current ratio? Next PostCan Current Ratio and Quick Ratio be same at any moment? You Might Also Like A, B, and C are partners sharing profits in the ratio of 5: 3: 2. C retires and his share is taken by A. Calculate new profit-sharing ratio of A and B. August 3, 2022 List any two items that may appear on the debit side of the Capital Account of a partner when the capitals are fluctuating. September 23, 2022 What is Operating Ratio? How is it calculated? October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A, B, and C are partners sharing profits in the ratio of 5: 3: 2. C retires and his share is taken by A. Calculate new profit-sharing ratio of A and B. August 3, 2022
List any two items that may appear on the debit side of the Capital Account of a partner when the capitals are fluctuating. September 23, 2022