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

Related Discussions:- accounting theory and practice

Annual interest of 5% paid if balance exceeds, Annual interest of 5% paid i...

Annual interest of 5% paid if balance exceeds 800, $7 monthly fee if account falls below minimum balance, average monthly balance $1,160, account falls below $800 during 5 months

An accountant records a transaction, 1. An accountant records a transaction...

1. An accountant records a transaction when cash is paid or received under which basis of accounting?  cash  deferred  accrual  liability  2. When unearned revenue is initially rec

the relevant authoritative literature, Determining the physical quantity t...

Determining the physical quantity that should be contained in inventory normally is a simple matter because that amount have of items in the possession of the company. The cost of

Uncollectible accounts, The Olympic Company has an accounts receivable bala...

The Olympic Company has an accounts receivable balance at December 31, 2010 of $159,548.00.  The existing balance in the Allowance for Uncollectible Accounts was a credit of $2,563

Perpetual and periodic inventory method, Perpetual and Periodic inventory ...

Perpetual and Periodic inventory                                                                             a)  Describe the difference between the perpetual inventory method

Prepare a capital investment appraisal analysis, XYZ plc provides engineeri...

XYZ plc provides engineering and consultancy services to the oil and gas industry.  Over the past few years, they have incurred expenditure of £1m researching and developing a new

General journal, owner invested 80000 cash and 2000 office equpmeent in to ...

owner invested 80000 cash and 2000 office equpmeent in to the business bank account

Explain about realization principle, Q. Explain about realization principle...

Q. Explain about realization principle? Realization of revenue Under the realization principle the accountant doesn't recognize (record) revenue until the seller obtains the ri

Efficiency variances , Jackson Corporation uses a standard cost system, con...

Jackson Corporation uses a standard cost system, concerned manufacturing overhead on the basis of machine hours. The company's overhead standards per unit are given below. Varia

Accounting equation, Ower invested cash in the company along with equipment...

Ower invested cash in the company along with equipment at market value, the amount is considered part of capital or revenues?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd