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Marshalling And Grouping Of Assets And L...

Marshalling And Grouping Of Assets And Liabilities

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Balance Sheet|Importance of Preparing Balance Sheet|Grouping and Marshalling of Assets and Liabilities|Questions

Why Ltd has furnished following information regarding its current Assets and Current Liabilities: Calculate Current Ratio and Liquid Ratio of the company.

From the following information, prepare Balance Sheet of a trader as at 31st March, 2019 arranging the assets and liabilities - (i) in order of premanence and (ii) in order of liquidity: