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...

Assessment: JAMB UTME - Principles of Accounts - 2018 Subject: Financial Accounting

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 ___________

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