From the following information of X Engineering Co., computethe proforma Balance Sheet if its sales are
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From the following information of X Engineering Co., computethe proforma Balance Sheet if its sales are ₹ 16,00,000.
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Sales to Networth 2.3 times Current Liabilities to networth 42% Total Liabilities to networth 75% Networth Long-term Liabilities Current Liabilities Liabilities Calculations are to be the nearest rupee. Proforma Balance Sheet ₹ ? Current Ratio 2.9 times Sales to closing inventory 4.5 times Average collection period 64 days ? ? Fixed Assets Cash Inventories Sundry Debtors Assets ₹ IV.7.2 ? ? ? ?
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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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