Purchasers - #44,880
Sales - #85,850
Trade creditors - #12,250
Trade debtors - #24,000
Accrued expenses - # 350
Prepaid expenses - # 700
Stock 1/1/2006 - #25,120
Stock 31/12/2006 - #27,840
Calculate the acid test ratio
a
1:94:1
b
1:96:1
c
1:1:94
d
1:1:96
Explanation
Correct Option
bVideo Explanation
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