Question 02 Chapter 4 of +2-B
I. Liquidity Ratios
2. (Current Ratio From Total Assets & Total Liabilities) Calculate the current ratio from the following information.
| Particular | ₹ | Particular | ₹ |
| Total Assets | 2,50,000 | Long term Liabilities | 50,000 |
| Fixed Assets | 1,00,000 | Investment | 1,00,000 |
| Shareholders Fund | 1,75,000 |
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The solution of Question 02 Chapter 4 of +2-B: –
| Total Assets | = | Fixed Assets + Investment + Current Assets |
| ₹ 2,50,000 | = | ₹ 1,00,000 + ₹ 1,00,000 + Current Assets |
| Current Assets | = | ₹ 50,000 |
| Total Assets | = | Total Liabilities (Shareholder’s Fund + Long term Liabilities + Current Liabilities) |
| ₹ 2,50,000 | = | ₹ 1,75,000 + ₹ 50,000 + Current Liabilities |
| Current Liabilities | = | ₹ 25,000 |
| Current Ratio= | Current Assets |
| Current Liabilities |
| Current Ratio= | |
| 25,000 |
Current Ratio=2:1
What are Liquidity Ratios – Formulas and Examples
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Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Reconstitution of Partnership)
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
- Chapter No. 8 – Company Accounts (Share Capital)
- Chapter No. 9 – Company Accounts (Issue of Debentures)
- Chapter No. 10 – Company Accounts (Redemption of Debentures)
Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution
- Chapter No. 1 – Financial Statements of a Company
- Chapter No. 2 – Financial Statement Analysis
- Chapter No. 3 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 4 – Ratio Analysis
- Chapter No. 5 – Cash Flow Statement
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