Name any two sub-line items (sub-headings) under which “Current Assets’’ shall be classified in the Balance Sheet of a Company. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Current Investments; (ii) Inventories. 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 PostName any two sub-line items (sub-headings) under which “Non-Current Assets” shall be classified in the Balance Sheet of a Company. Next PostName any two items that can be disclosed under ‘Reserve and Surplus’. You Might Also Like Inventory turnover ratio of a Company is 5 times. State, giving reason, whether the ratio improves, declines or does not change if goods costing Rs. 20,000 is sold for 18,000. October 3, 2022 What are Current Assets? October 1, 2022 ‘Purchase of goods Rs. 35,000 for cash will increase the operating ratio.’ Is the statement correct? Give reasons. October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Inventory turnover ratio of a Company is 5 times. State, giving reason, whether the ratio improves, declines or does not change if goods costing Rs. 20,000 is sold for 18,000. October 3, 2022
‘Purchase of goods Rs. 35,000 for cash will increase the operating ratio.’ Is the statement correct? Give reasons. October 3, 2022