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Fma financial accounting assignments with solutions

by Manager Signal & Train Control at DELHI METRO RAIL CORPORATION LIMITED on May 19, 2011

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  • VenuGopal159 Venu Gopal From the following information pertaining to M/s.ABC & Co. Ltd, prepare its trading, profit & loss a/c for the year ending 31st March 2012 and summarised Balance sheet on that date-Current ratio-2.5, Quick ratio-1.3, proprietory ratio-0.06, gross profit to sales 10%, debtors velocity- 40 days, Sales 273000, Working capital 120000, Banak overdraft- 215000, Share capital-250000, closing stock 10% more than opening stock,net profit 10% proprietary fund 2 months ago
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