State one transaction which results in an increase in ‘Liquid Ratio’ and no change in ‘Current Ratio’. Post category:Accountancy Reading time:1 mins read SOLUTION Sale of Inventory at Cost Price. 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 one figure is from Profit and Loss Account and one from Balance Sheet. Next PostWhy inventory is excluded from liquid assets? You Might Also Like Where would you transfer the balance left in the share forfeited account after the reissue of such shares? September 28, 2022 Ananya Ltd. purchased an established business for Rs. 2,00,000 payables as Rs. 65,000 by cheque and the balance by issuing 9% Debentures of Rs. 100 each at a discount of 10%. Give journal entries in the books of Ananya Ltd. July 16, 2022 X, Y and Z are partners sharing profits and losses in the ratio of 5 : 3 : 2, decided to share future profits and losses equally with effect from 1st April, 2019. On that date, the goodwill appeared in the books at Rs. 12,000. But it was revalued at Rs. 30,000. Pass Journal entries assuming that goodwill will not appear in the books of account. July 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Where would you transfer the balance left in the share forfeited account after the reissue of such shares? September 28, 2022
Ananya Ltd. purchased an established business for Rs. 2,00,000 payables as Rs. 65,000 by cheque and the balance by issuing 9% Debentures of Rs. 100 each at a discount of 10%. Give journal entries in the books of Ananya Ltd. July 16, 2022
X, Y and Z are partners sharing profits and losses in the ratio of 5 : 3 : 2, decided to share future profits and losses equally with effect from 1st April, 2019. On that date, the goodwill appeared in the books at Rs. 12,000. But it was revalued at Rs. 30,000. Pass Journal entries assuming that goodwill will not appear in the books of account. July 27, 2022
