Here are some numbers to use while considering the prior post about sales returns. For the current ratio, assume that current liabilities are $3M, that the following entries were the only entries made, and that the beginning current ratio is 1.
Instructor of Accountancy
Here are some numbers to use while considering the prior post about sales returns. For the current ratio, assume that current liabilities are $3M, that the following entries were the only entries made, and that the beginning current ratio is 1.