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Commerce · Q2002

Accounting

Graduate and Post Graduate · Commerce · question 2002

Q2002

If trade creditors are Rs. 10,000 unpaid expenses 10% of creditors; current rato 2 : 1 and stock Rs. 7,000, then the quick assets will be:

A.
Rs. 10,000
B.
Rs. 12,000
C.
Rs. 14,000
D.
Rs. 15,000
Answer

Answer: Option D

Solution

Answer: Option D
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