Question
Q6 Illustration 4.7 From the below given comparative Balance sheet of Beauty Co. Ltd. you are required to calculate liquidity ratios and give you comments.
Q6 Illustration 4.7 From the below given comparative Balance sheet of Beauty Co. Ltd. you are required to calculate liquidity ratios and give you comments.
Beauty Co. Ltd.,
Comparative Balance Sheet
Beauty Co. Ltd., Comparative Balance Sheet Liabilities 1985 1986 Assets 1985 1986 (Rs) (Rs.) (Rs) (Rs.) Equity share Capital 600000 720000 320000 500000 Land and Building 8% Debentures 230000 200000 Plants 380000 470000 BankLoan 200000 320000 Www 120000 180000 Trade Investments Sundry Cr. 80000 75000 Stock 160000 110000 Bills payable 40000 35000 Sundry debtors 60000 35000 Outstanding 30000 45000 Bills 40000 85000 Receivables Provision for Taxation 50000 65000 Cash in hand 60000 20,0 Cash at Bank 90000 60000 1230000 1460000 1230000 1460000 Beauty Co. Ltd., Comparative Balance Sheet Liabilities 1985 1986 Assets 1985 1986 (Rs) (Rs.) (Rs) (Rs.) Equity share Capital 600000 720000 320000 500000 Land and Building 8% Debentures 230000 200000 Plants 380000 470000 BankLoan 200000 320000 Www 120000 180000 Trade Investments Sundry Cr. 80000 75000 Stock 160000 110000 Bills payable 40000 35000 Sundry debtors 60000 35000 Outstanding 30000 45000 Bills 40000 85000 Receivables Provision for Taxation 50000 65000 Cash in hand 60000 20,0 Cash at Bank 90000 60000 1230000 1460000 1230000 1460000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
