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प्रश्न
State with reason whether Provision for Doubtful Debts is subtracted from Trade Receivables while computing Current Ratio.
उत्तर
Provision for doubtful debts is subtracted from Trade receivables while computing the current ratio because the realisable value of Trade receivables is taken into consideration.
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संबंधित प्रश्न
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| Particulars | |
| Current Assets | ₹ 6,80,000 |
| Current Liabilities | ₹ 3,40,000 |
| Quick Ratio | 1.5 : 1 |
| Inventory Turnover Ratio | 4 times |
