To everybody interested in accounting processes!
I need help in calculating current ratio of a firm. My problem is -do I take net debtors while calculating current ratio or I consider gross debtors in current asset and take provision for bad debts as a current liability, if the balance sheet shows debtors on assets side at its net figure after subtracting provision for bad debts.
Please advise ..... !
From India, New Delhi
I need help in calculating current ratio of a firm. My problem is -do I take net debtors while calculating current ratio or I consider gross debtors in current asset and take provision for bad debts as a current liability, if the balance sheet shows debtors on assets side at its net figure after subtracting provision for bad debts.
Please advise ..... !
From India, New Delhi
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.
Add the url of this thread if you want to cite this discussion.
#Subject List: balance sheet current liability current ratio ratio analysis City-India-New-Delhi Country-India