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Ratio Working

Source: Clackr drill

Current ratio = current assets / current liabilities. If current assets are Rs. 7,50,000 and current liabilities are Rs. 3,00,000, the ratio is 2.5 : 1 and working capital is Rs. 4,50,000.

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About Figures & Abbreviations

Figures, entries and abbreviations: journal entries with amounts, GST invoice workings, depreciation, ratios and profit sharing. They build accuracy with the digits and punctuation of commerce work, where one wrong figure changes the meaning.

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