Question

______ is included in current assets while preparing balance sheet as per revised Schedule III but excluded from current assets while calculating current ratio.

पर्याय

• Debtors

• Cash and Cash Equivalent

• Loose tools and Stores and spares

• Prepaid Expense

Answer 1

Loose tools and stores and spares is included in current assets while preparing balance sheet as per revised Schedule III but excluded from current assets while calculating current ratio.