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1. From the following information, make out a statement of proprietors funds with as many details as possible: i)Current Ratio 2 ii)Liquid Ratio 1.25 iii)Proprietary

1. From the following information, make out a statement of proprietors funds with as many details as possible: i)Current Ratio 2 ii)Liquid Ratio 1.25 iii)Proprietary Ratio (Fixed Assets/Proprietors funds) 0.60 iv)Working Capital Rs 50,000 v)Reserve and Surplus Rs 25,000 vi)Bank Overdraft (Liquid Liability) 10000 vii)There is no long term loan or fictitious asset.

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