accounting theory and practice, Accounting Basics

Assignment Help:

From the following details, prepare a balance sheet
acid test ratio = 2.5
current ratio = 1.5
net working capital = 10,00,000
fixed assets =?
Share capital =?
Proprietary ratio = 0.75 ( fixed assets / share holders fund )
Reserves = 1,25,000
Long term loans = 1,25,000
debentures = 10,00,000

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