Question

Calculate the current Ratio from the following particulars : Particulars $ Machinery 271000 Sundry Debtors 19,10,000 Short Term Investments 30,000 Debentures 2,10,000 Cash in hand 40,000 Expenses Outstanding 50,000 Prepaid Expenses 20,000 Sundry Creditors 50,000 Bills Payable 25,000 Stock 50,000

          Calculate the current Ratio from the following particulars :
Particulars
$
Machinery
271000
Sundry Debtors
19,10,000
Short Term Investments
30,000
Debentures
2,10,000
Cash in hand
40,000
Expenses Outstanding
50,000
Prepaid Expenses
20,000
Sundry Creditors
50,000
Bills Payable
25,000
Stock
50,000

Calculate the current Ratio from the following particulars :
Particulars
Machinery
271000
Sundry Debtors
19,10,000
Short Term Investments
30,000
Debentures
2,10,000
Cash in hand
40,000
Expenses Outstanding
50,000
Prepaid Expenses
20,000
Sundry Creditors
50,000
Bills Payable
25,000
Stock
50,000

Added by Frederick E.

Horngren’s Cost Accounting

Srikant M. Datar, Madhav V. Rajan 16th Edition

Instant Answer

Solved by Expert Prabhakar Kumar

Step 1

Step 1: Current ratio formula: Current ratio = Current assets / Current liabilities. Show more…

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Calculate the current Ratio from the following particulars : Particulars $ Machinery 271000 Sundry Debtors 19,10,000 Short Term Investments 30,000 Debentures 2,10,000 Cash in hand 40,000 Expenses Outstanding 50,000 Prepaid Expenses 20,000 Sundry Creditors 50,000 Bills Payable 25,000 Stock 50,000