Grade 10 accounting ratios
WebIndicator 1: Current ratio increased from 0,8 : 1 to 1, 4 : 1 Indicator 2: Acid test ratio increased from 0, 6 : 1 to 1,2 : 1 1.5. You are of the opinion that the owner, Mr Tom … WebJul 24, 2024 · Quick ratio is a more cautious approach towards understanding the short-term solvency of a company. It includes only the quick assets which are the more liquid assets of the company. Quick Ratio Formula = (Cash and Cash Equivalents + Marketable Securities + Accounts Receivable)/ (Current Liabilities) 3. Cash Ratio.
Grade 10 accounting ratios
Did you know?
WebMay 30, 2015 · LIABILITIES OR OWNER’S EQUITY = ASSETS – LIABILITIES OR LIABILITIES = ASSETS – OWNER’S EQUITY Via Afrika Publishers » Accounting Grade 10 42 Term 1 Topic 5 Financial accounting of a sole trader Activity 2 Use the accounting equation to work out the missing amounts. Nr. A O L 1 R380 000 R? R120 000 2 R? Webirp-cdn.multiscreensite.com
WebAccounting 10 Study Guide - Via Afrika WebCambridge
WebJun 23, 2024 · About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact … WebGRADE 10 NOVEMBER 2024 ACCOUNTING P1 MARKS: 150 TIME: 2 hours This question paper consists of 11 pages and a 10 page answer book. ... Accounting concepts, Analysis of transactions Financial accounting • Accounting concepts • Accounting equation QUESTION 2: 35 marks; 30 minutes
WebAccounting ratios: liquidity Current ratio (also known as the working capital ratio) The formula for calculating this ratio is Current assets OR Current assets : Current liabilities Current liabilities You should note that this ratio is not expressed as a percentage. Again …
Web10 Accounting: Preparation for Grade 10 Activity 2.5 You are provided with information relating to Yusuf’s Cellphone Repairs for the month of May 2015. REQUIRED: Analyse the following transactions by completing the table in your workbook. The first entry has been done for you as an example. 1. Paid wages by cheque, R1 500. 2. pome downe portland meWebGRADE 10 DEBTORS CONTROL CREDITORS CONTROL TRADING STOCK SALARIES ANALYSIS OF TRANSACTION QUESTION PAPER. Question 3 Control Accounts [Marks: 54; Time: 34] The information was extracted from the accounting records of Big Dan Traders. 3 Debtors’ Control Account [19] Information. Debtors’ Control Account. Jan 01 … shannon obituary 2021WebJan 31, 2024 · Study Guide 10. Accounting. Study Guide Accounting. Study & Master Accounting Grade 10 Study Guide for CAPS has been developed as an aid to support you throughout the school year. CAPS ... pomeg berry scarletWebJul 24, 2024 · Accounting ratios are one of the important tools of financial statement analysis. These showcase a relationship between two or more accounting numbers … pomegranate and chintz blogspotWeb10th Grade Accounting. Displaying top 8 worksheets found for - 10th Grade Accounting. Some of the worksheets for this concept are Accounting, Accounting, Accounting self … shannon odell phdWebMay 10, 2024 · The current ratio compares current assets to current liabilities. The intent behind using it is to see if there are sufficient current assets on hand to pay for current liabilities, if the current assets were to be liquidated. Its main flaw is that it includes inventory as a current asset. shannon oday thompsonWebNov 1, 2024 · There are several forms of expressing ratios as per the chapter on accounting ratios class 12. Let’s have a look: Pure : Ratios are expressed as quotient Percentage: Ratios are expressed as percentage Times : Ratios are expressed in number of times Fraction : Ratios are expressed in fraction Meaning of Ratio Analysis shannon odell shodell twitter