Shown below is the balance sheet of Blockchain Services Ic., what is the acid ratio? Asset Liabilities P 10,000.00 P 12,000.00 P 7,000.00 P 20,000.00 Payables . Notes due . Long term debt. . Owner's equity.. . P 17,000.00 P 6,000.00 P 3,000.00 P 23,000.00 Cash. Receivables . Inventory. . Capital Equipment . Total: e 19.000 00 Total: 8 19.00 0 .00
Shown below is the balance sheet of Blockchain Services Ic., what is the acid ratio? Asset Liabilities P 10,000.00 P 12,000.00 P 7,000.00 P 20,000.00 Payables . Notes due . Long term debt. . Owner's equity.. . P 17,000.00 P 6,000.00 P 3,000.00 P 23,000.00 Cash. Receivables . Inventory. . Capital Equipment . Total: e 19.000 00 Total: 8 19.00 0 .00
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 13GI
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