Prepare the Final Account
Shikha Bajaj
(CA )
(433 Points)
Replied 12 March 2010
Pls find the answer
Shikha Bajaj
(CA )
(433 Points)
Replied 13 March 2010
Reply to ur comment
In this Question, while using Current & Liquid ratio, we have got Current Liab. = Rs. 2.4 Lacs.
Now we only got the two components of it i.e creditors & prov. for taxation. So the remaining figures are treated as other current liab.
Hope ur query is resolved
Thnx
Shikha
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