Ramki Ltd. was formed on 1 st May 2008 to purchase the business of Mr. Ram, with

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Ramki Ltd. was formed on 1st May 2008 to purchase the business of Mr. Ram, with effect from 1st January 2008. While preparing the final accounts on 31th December 2008, it was assumed that:

(a). The sales for the year were ₹10,00,000. 

(b). Sales in the second half of the year were double to those in the first half on a monthly average basis. 

Calculate sales ratio from the above particulars.  

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Corporate Accounting

ISBN: 9789353160739

1st Edition

Authors: Anita Raman, P. Radhika

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