Question 02 Chapter 4 of +2-B – USHA Publication 12 Class

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

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=	50,000
	25,000

Current Ratio=2:1

What are Liquidity Ratios – Formulas and Examples

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Also, Check out the solved question of previous Chapters: –

• Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

  • Chapter No. 1 – Accounting Not for Profit Organisations

  • Chapter No. 2 – Partnership Accounts – I

  • Chapter No. 3 – Partnership Accounts – II (Introduction)

  • Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

  • Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

  • Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

  • Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

  • 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 (Balance Sheet Only)

  • Chapter No. 2 – Techniques of Financial Statement Analysis

  • Chapter No. 3 – Ratio Analysis 

  • Chapter No. 4 – Cash Flow Statement

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