
Question 08 Chapter 4 of +2-B
I. Liquidity Ratios
8. (Current Liabilities/C.R. given) Find out Current Liabilities when the current ratio is 2:1 and current assets are ₹ 1,00,000.
| Current Assets | = | ₹ 1,00,000 |
| Current Ratio | = | 2: 1 |
| Current Ratio= | Current Assets |
| Current Liabilities |
| 2 | = | ₹ 1,00,000 |
| Current Liabilities |
| Current Liabilities | = | ₹ 1,00,000 |
| 2 | ||
| = | ₹ 50,000 |
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Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
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