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what do you mean by debt equity ratio?
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Answer Posted / sandeep
Debit Eqaity ratio is lond term debit divided by
shareholder fund.
As example if the long term debit is Rs 1,00,000 and
shareholder fund is 50,000 then debit equaity ratio is 2:1
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Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry
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