From the following information relating to a limited company, prepare a Statement of Proprietors Funds. (i) Current

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From the following information relating to a limited company, prepare a Statement of Proprietor’s Funds.

(i) Current Ratio 2

(ii) Liquid Ratio 1.5

(iii) Fixed Assets /Proprietary Fund 3/4

(iv) Working Capital Rs. 75,000 (v) Reserve and Surplus Rs. 50,000 (vi) Bank Overdraft Rs. 10,000 There were no long-term loans or fictitious assets.

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From the following information relating to a limited company, prepare a Statement of Proprietors Funds. (i) Current

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