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Liquidity Ratios (Short Term Solvency Ratios):
These Ratios calculate the capability of the firm to meet its current obligations. They point out whether the firm has enough liquid resources to meet its short term accountability. The various liquidity ratios are :-
the consequences of non-compliance of each of the accounting concepts.
Q. Explain about Merchandise inventory? Merchandise inventory is the quantity of goods assumed by a merchandising company for resale to customers. Merchandising companies verif
which account rules
what is the contributed capital and how do you figure it out?
Q. Concepts of accounting? - The major underlying assumptions or else concepts of accounting are (a) business entity (b) going concern (continuity) (c) money measurement (d) st
Accrual Concept The accrual concept makes a distinction among the receipt of cash, and the right to obtain it, and the payment of cash and the legal obligation for pay it. In
A Customer Master Record is a permanent record that haves key information about a business partner or a material. This information must be entered into the system before any transa
types of legancies
Explain the meaning of Payroll Deductions There are numerous deductions taken from an employee's earnings. These are deducted by employer before employee receives a check. D
current and non current liabilties
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