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From the following information, prepare a summarised Balance Sheet as at 31st March, 2002: Net Working Capital 2,40,000 Bank overdraft *40,000 Fixed Assets to Proprietary
From the following information, prepare a summarised Balance Sheet as at 31st March, 2002: Net Working Capital 2,40,000 Bank overdraft *40,000 Fixed Assets to Proprietary ratio 0.75 Reserves and Surplus 1,60,000 Current ratio 2.5 Liquid ratio (Quick Ratio) 1.5
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