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प्रश्न
Current Liablilites of a company were ₹1,75,000 and its Current Ratio was 2:1. It paid ₹30,000 to a Creditor. Calculate Current Ratio after payment.
उत्तर
`"Current Ratio" = "Current Assets"/ "Current liability" = 2/1`
Current Liabilities = Rs 1,75,000
Payment of Rs 30,000 to a Creditor will have two effects:
1. Decrease in Cash by Rs 30,000 and therefore Current Assets will decrease to Rs 3,20,000.
2. Decrease in Creditors by Rs 30,000 and this will decrease Current Liabilities to Rs 1,45,000.
`"Current Ratio" = "Current Assets"/ "Current liability" = 320000/145000 = 2.21 : 1`
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BALANCE SHEET OF GLOBAL LTD.
as at 31st March, 2019
|
Particulars |
Note No. |
Amount ₹ |
| I. EQUITY AND LIABILITIES
1. Shareholder's Funds |
||
|
(a) Share Capital–Equity Shares of ₹ 10 each Fully paid |
|
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|
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|
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|
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||
|
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|
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|
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|
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|
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|
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| II. ASSETS | ||
|
1. Non-Current Assets |
||
|
(a) Fixed Assets |
|
16,00,000 |
|
(b) Non-Current Investments: |
|
|
|
(i) 10% Investments |
|
2,00,000 |
|
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|
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|
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|
Total |
|
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