Qualification > Commerce

AS accounts doubt plzz help!!!!!!!

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immortal:
Plz explain, Q20 frm O/N 2004 P1

***exam***:
acid ratio = ca-stock
                   cl

so here an increase in the creditors is the only way the  denominator decreases that leads to a decrease in ratio

immortal:

--- Quote from: ***exam*** on June 02, 2010, 08:59:17 am ---acid ratio = ca-stock
                   cl

so here an increase in the creditors is the only way the  denominator decreases that leads to a decrease in ratio

--- End quote ---
Thanks

RTB:
balance as per bank statement        (10136)
(-)unpresented cheque                   (4998)
(+)uncredited cheque                     5896
balance as per cash book                 (9238)

therefore answer is B $9238 overdrawn

hope itz clear

immortal:

--- Quote from: RTB on June 02, 2010, 09:26:39 am ---balance as per bank statement        (10136)
(-)unpresented cheque                   (4998)
(+)uncredited cheque                     5896
balance as per cash book                 (9238)

therefore answer is B $9238 overdrawn

hope itz clear

--- End quote ---
Yes,Thanks
but wat abt bank interest charged ???

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