What is the ideal Quick Ratio? Post category:Accountancy Reading time:1 mins read SOLUTION Ideal Quick Ratio is 1: 1. 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 are liquid assets? Next PostWhat are the other names of liquid ratio? You Might Also Like Abha and Beena were partners sharing profits and losses in the ratio of 3: 2. On April 1st 2013 they decided to admit Chanda for 1 / 5th share in the profits. They had a reserve of Rs. 25.000 which they wanted to show in their new balance sheet. Chanda agreed and the necessary adjustments were made in the books. On October 1st 2013, Abha met with an accident and died. Beena and Chanda decided to admit Abha’s daughter Fiza in their partnership, who agreed to bring Rs. 2,00,000 as capital. Calculate Abha’s share in the reserve on the date of her death. (C.B.S.E. Sample Paper, 2015) September 27, 2022 At the time of retirement, how is the new profit-sharing ratio among the remaining partners calculated? (CBSE 2019 C) October 8, 2022 On dissolution, patents appearing in Balance Sheet are transferred to which account? September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Abha and Beena were partners sharing profits and losses in the ratio of 3: 2. On April 1st 2013 they decided to admit Chanda for 1 / 5th share in the profits. They had a reserve of Rs. 25.000 which they wanted to show in their new balance sheet. Chanda agreed and the necessary adjustments were made in the books. On October 1st 2013, Abha met with an accident and died. Beena and Chanda decided to admit Abha’s daughter Fiza in their partnership, who agreed to bring Rs. 2,00,000 as capital. Calculate Abha’s share in the reserve on the date of her death. (C.B.S.E. Sample Paper, 2015) September 27, 2022
At the time of retirement, how is the new profit-sharing ratio among the remaining partners calculated? (CBSE 2019 C) October 8, 2022
On dissolution, patents appearing in Balance Sheet are transferred to which account? September 27, 2022
