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X Ltd. has a Current Ratio …

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X Ltd. has a Current Ratio of 3:1 and Quick Ratio .If the excess of current assets over assets as represented by stock is ₹40,000, Calculate current assets and current liabilities.

    • Posted by Yash Mittal 5 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Rajni Devi 5 years, 11 months ago

    1CA=3CL 1QA=1CL 1CA=1QA+stock 3CL=1CL+40000 3CL-1CL=40000 2CL=40000 CL=20000 CA=20000×3 =60000

    0Thank You

    Aditya Verma 5 years, 11 months ago

    Plzz any one can tell me ans

    0Thank You

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