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प्रश्न
Answer in one sentence only.
Give the formula of quick assets?
उत्तर
Quick assets = Current assets – (Stock + Prepaid expense)
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संबंधित प्रश्न
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From the Balance Sheet of Amar Traders as on 31st March 2018 and 31st, March 2019 prepare comparative Balance Sheet.
Liabilities | 31.3.2018 (₹) | 31.3.2019 (₹) | Assets | 31.3.2018 (₹) | 31.3.2019 (₹) |
Capital | 60,000 | 72,000 | Fixed Assets | 1,20,000 | 1,50,000 |
Reserves and Surplus | 24,000 | 30,000 | Current Assets | 28,000 | 27,000 |
Loans | 34,000 | 51,000 | |||
Creditors | 30,000 | 24,000 | |||
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From the following Balance Sheet of Alpha Limited prepare a comparative Balance Sheet as on 31st March 2018 and 31st March 2019.
Balance Sheet As on 31st March 2018 and 31st March 2019 | |||||
Liabilities | 31.3.2018 (₹) | 31.3.2019 (₹) | Assets | 31.3.2018 (₹) | 31.3.2019 (₹) |
Equity Share Capital | 2,00,000 | 2,50,000 | Land | 80,000 | 1,00,000 |
12% Preference Shares | 80,000 | 80,000 | Building | 60,000 | 90,000 |
Reserves and Surplus | 1,00,000 | 1,40,000 | Plant and Machinery | 73,000 | 1,73,000 |
15% Debentures | 60,000 | 51,000 | Stock | 1,50,000 | 1,10,000 |
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Bills Payable | 10,000 | 6,000 | Bank | 34,000 | 37,000 |
Provision for Taxation | 25,000 | 43,000 | |||
5,25,000 | 6,50,000 | 5,25,000 | 6,50,000 |
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Particulars | 31.3.17 (₹) | 31.3.18 (₹) |
Sales | 4,00,000 | 6,00,000 |
Indirect Expenses | 16,000 | 24,000 |
Cost of Sales | 24,000 | 56,000 |
Income Tax | 50% | 50% |
Following is the Balance Sheet of Sakshi Traders for the year ended 31.3.17 and 31.3.18
Liabilities | 31.3.17 (₹) | 31.3.18 (₹) | Assets | 31.3.17 (₹) | 31.3.18 (₹) |
Equity Share Capital | 80,000 | 80,000 | Fixed Assets | 1,20,000 | 1,44,000 |
Pref. Share Capita | 20,000 | 20,000 | Investment | 20,000 | 20,000 |
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Current Liabilities | 20,000 | 36,000 | |||
2,00,000 | 2,12,000 | 2,00,000 | 2,12,000 |
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Particulars | 31.3.17 (₹) | 31.3.18 (₹) |
Sales | 2,00,000 | 2,50,000. |
Cost of goods sold | 1,50,000 | 1,70,000 |
Office and Administrative Expenses | 4,000 | 6,000 |
Selling and Distubution Expenses | 6,000 | 1,000 |
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31st March 2020 (₹) | Assets | 1st April 2019 (₹) | 31st March 2020 (₹) |
Capital | 1,48,000 | 1,49,000 | Stock | 25,000 | 22,000 |
Sundry Creditors | 36,000 | 41,000 | Debtors | 35,000 | 38,400 |
Long Term Loan | 30,000 | 45,000 | Cash | 4,000 | 3,600 |
Buildings | 50,000 | 55,000 | |||
Machinery | 80,000 | 86,000 | |||
Land | 20,000 | 30,000 | |||
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From the following Information, prepare Comparative Income Statement of Shri Shalni Ltd.
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2019 ₹ |
Sales | 6,00,000 | 4,50,000 |
Sales Return | 1,00,000 | 50,000 |
Gross Profit ratio | 40% | 50% |
Office and Admin Expenses |
50,000 | 40,000 |
Selling and Distribution Expenses |
50,000 | 40,000 |
Other income | 25,000 | 15,000 |
Other Expenses | 5,000 | 5,000 |
Tax rate | 50% | 50% |
The short-term deposits are ______.