1 from the following information prepare a balance sheet, Ask an Expert

Accounting

1. From the following information, prepare a Balance Sheet showing the workings:
1. Working Capital ` 75,000
2. Reserves and Surplus ` 1,00,000
3. Bank Overdraft ` 60,000
4. Current Ratio 1.75
5. Liquidity Ratio 1.15
6. Fixed Assts to Proprietor’s Fund 0.75
7. Long Term Liabilities Nil

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9621526

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