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66. From the following details, make out a statement of proprietary funds:(a) Long-term loans :Rs. 50,000(b) Working capital:Rs. 80,000(c) Reserves to capital1:2(d) Current ratio2 times(e) Liquid ratio1.4 times(1) Fixed assets to proprietors' funds 0.6(g) There are no fictitious or intangible assets. |
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