Question - 05

Calculate current ratio from the following Balance sheet of pandya Ltd. :

(I) Equity and Liabilities :

  1. Shareholder's funds : (Share capital Rs. 5,00,000)
  2. Current liabilities Rs. 1,60,000
(II) Assets :
  1. Non current Assets Rs. 3,40,000
  2. Current Assets Rs. 3,20,000.
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