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Question No 24 Chapter 7 – UNIMAX Class 12 Part 2 – 2021
24. From the following information calculate shareholders funds :
| Particulars | ₹ |
| Current ratio | 2.5 |
| Liquid ratio | 1.5 |
| Proprietary ratio | 0.75 |
| Working capital | 60,000 |
| Reserve and surplus | 40,000 |
| Loan fund | 10,000 |
| Proprietary Ratio | = | Shareholders' s Fund | x | 1000 |
| Total Assets |
| Working capital | = CA-CL |
| 60,000 | = 2.5x- 1x |
| 60,000 | = 1.5x |
| Current Ratio | = | Current assets |
| Current Liabilities |
| 2 : 1 | = | Current assets | |
| 1 | Current Liabilities | ||
| Let current assets | = | 2.5x | |
| Current liabilities | = | 1x |
Or.
| 1.5x | = | 60,000 |
| X | = | 60,000 |
| 1.5 | ||
| = | 40,000 | |
| Current liabilities | = | 1 x 40,000 = 40,000 |
| Current assets | = | 2.5 x 40,000 = 1,00,000 |
| Proprietary Ratio | = | Shareholders' Funds |
| (Total Assets) | ||
| Let share holder fund | = | .75y |
| T.A | = | 1y |
| T.A-S.F | = | Total debts |
| 1y -7.5 | = | 10,000 + 40,000 |
| .25y | = | 50,000 |
| Y | = | 50,000 | x | 100 |
| 25 | ||||
| T.A | = | 2,00,000 | ||
| Or. | ||||
| Shareholder fund | = | .75 x 2,00,000 | ||
| =1,50,000 Ans. |
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
This guide covers "Question No 24 Chapter 7 – UNIMAX Class 12 Part 2 – 2021", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Unimax Accountancy Class 12 Part 2 - 2023.
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