N N Capital 39,000 Land 20,000 Long Term Loan 15, 000 Building 30,000 Creditors 9,000 Stock 40,000 Debtors 6,000 Accrued wages 5,000 Cash 8, 000 68,000 68,0...

Question 1 Report

                                      N                              N
Capital                                         39,000  Land  20,000
Long Term Loan      15, 000                    Building 30,000
Creditors                                       9,000 Stock  40,000
  Debtors  6,000
Accrued wages                             5,000 Cash  8, 000
                       68,000    68,000

Use the information above to answer the question:

The acid test ratio in the company is ___________

Nature And Significance Of Accounting
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