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This question belongs to Commerce Accounting
Accounting
?

If,
Sundry Debtors Rs. 15,000
Bill Receivable Rs. 12,500
Cash at Bank Rs. 17,500
Stock Rs. 15,000
Profit Rs. 20,000
Creditors Rs. 25,000
Bill payable Rs. 15,000
Sales Rs. 1,00,000
The Acid Test Ratio is

Answer & Solution
Correct Answer: Option B
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