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1. 2. 3. Total asset = 10,00,000; Non-current asset = 6,00,000; Shareholders fund = 4,00,000; Reserve & surplus = 1,00,000; Non-current liability = 3,00,000 Current

1.

Total asset = 10,00,000; Non-current asset = 6,00,000; Shareholders fund = 4,00,000; Reserve & surplus =

2.

Total purchase during the year 12,00,000; cash purchase is 25% of Credit purchase. Opening creditors

3.Revenue from Operations (Sales) 8,00,000; G.P. 25% on Cost; Office Exp. 25,000; Selling Exp. 15,000; Loss on


Total asset = 10,00,000; Non-current asset = 6,00,000; Shareholders fund = 4,00,000; Reserve & surplus = 1,00,000; Non-current liability = 3,00,000 Current Ratio will be: a) 1:2 c) 4:3 b) 2:1 d) 3:4

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